Sun Terrace, Concord Housing Market · 2026

Data through May 2026

Sun Terrace, Concord Market Snapshot

Sun Terrace is a balanced market, but competition has been picking up. Here's where things stand:

Based on 5 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$785K
Up 4.0% from May 2025
Up $30K from May 2025
Homes Sold
5
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$4,966/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$3,965
  • Property Tax$818
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
16 days
8 fewer days than in May 2025
Homes typically sell within a month
Sale-to-List Ratio
102.0%
Up from 100.3% in May 2025
Selling at or near asking price
% Sold Over Asking
40%
40% of homes sold above asking, some competition
Active Listings
8
Up 33.3% from May 2025
About 1.6 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Sun Terrace.

Median Sale Price
Up 4.0% year-over-year in Sun Terrace. Based on 5 sales in the most recent month.
Homes Sold
55% fewer homes sold than a year ago in Sun Terrace.
Total Monthly Payment
Estimated monthly cost is up 1% from a year ago in Sun Terrace, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Sun Terrace, Concord

Is now a good time to buy in Sun Terrace, Concord?

Sun Terrace, Concord is balanced but competition is picking up. It remains a reasonable environment for buyers, though acting decisively on well-priced homes is becoming more important.

How do Sun Terrace, Concord home prices compare to the Bay Area average?

At $785K, Sun Terrace, Concord's median sits about 58% below the Bay Area average of $1.85M. Sun Terrace, Concord is among the most accessible parts of the Bay Area.

This is close to the Concord city-wide median of $809K.

How competitive is Sun Terrace, Concord for buyers?

Sun Terrace, Concord is a balanced market where neither side dominates:

  • Homes sell about 2% above asking on average
  • 40% close above list price
  • 16 days typical time to go pending

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced Sun Terrace, Concord home?

At $785K with 20% down at 6.49%, your estimated total monthly cost is approximately $4,966:

  • $3,965 principal and interest
  • $818 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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