Concord Multi-Family Homes

Concord, located 19 miles west of Boston in Middlesex County, has a population of 19,809. Many of the residents would be considered urban sophisticates whose interests focus on food, travel, books, and the arts. As a family-oriented community, it has a good public school system. The city is comprised of three constituent neighborhoods.

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• Town Center is one of the three most expensive neighborhoods with greatest rates of appreciation.
• West Concord is another of the three most expensive neighborhoods with the greatest rates of appreciation.
• Nine Acre Corner is also one of the three most expensive neighborhoods with the greatest rates of appreciation.

The population is comprised of 93.6-percent white-collar workers, and the city is in the top 5-percent of cities nationwide with residents occupied in the fields of mathematics and computers. It also has a larger artist community than 90-percent of cities nationwide. Telecommuters comprise 13.59-percent of the workforce which is also higher than most cities in the nation. Among the residents, 70.2-percent have a bachelor's degree or higher, which is over three times the average for cities nationwide. According to the 2010 census, the per capita income was $68,032, and the median household income was $138,661,

The city has 6,758 housing units with 68.6-percent owner-occupied and a median home value of $907,916. The majority of the homes were built between 1940 and 1999 with 24-percent built before 1939, 31.3-percent built between 1940 and 1969, 31.7-percent built between in 1970 and 1999, and 13-percent built since 2000. Besides the 68.6-percent of single family homes in the city, 5.1-percent of the housing units are townhomes; 8.7-percent are small apartment buildings; and 17.6-percent are apartment complexes. Some of the rental properties are older homes that have been renovated. Real estate in the city has appreciated 76.3-percent since 2000, which is an average annual appreciation rate of 3.2-percent. The average rent is $2,710.

On average, residents spend 33 minutes commuting to work although the MBTA bus and rail system are both options for residents.

With so much of the housing in the city being single family homes, finding multi-family housing for sale here might put you in a very competitive market. Hiring an experienced and knowledgeable real estate agent will give you an edge. As long time real estate agents in this area, we may know early of property that might be going on the market soon, and with our large database, we will know when property does actually go on the market. We can have a lot of preliminary work done for you, so that when the right property does go on the market, you can make a good offer quickly and possibly get your offer accepted before a bidding war begins. So, even if there is currently nothing on the market in this area, contact us so that we can alert you when a property becomes available. In addition, we can show you options in other areas. We know the market in the Boston area and any anticipated changes. So we can compare areas and properties for you and show you properties that will give you the largest return on your investment with the best occupancy rate. As your buyer representative, we will do a complete market analysis for you; help you through the process of identifying the best properties for you; and then, help you negotiate a price that secures the property for you without you paying too much. We will work with you so that your purchase and future ownership are a positive experience for you.

If you have investment property in this city that you want to sell, we can help you market it so that you get the best price from a qualified buyer quickly. When a market has a small number of properties available, a seller's agent can help you sort through the offers for the best offer from the most qualified buyer. If the potential buyers bid is contingent on the sale of other property they own, then it may not be in your best interest to wait and see if they sell the other property. We can analyze the offer and advise you on what appears to be the best course of action. Our large database will make a large number of potential buyers aware when your property is listed from an area where there is not a lot of property for sale. So, letting us help you not only analyze offers but also analyze potential buyers will help sell your property the quickest at the best possible price.

For expert advice in an area with less property available for sale, such as this area, contact us to buy or list a multi-family property in Concord.

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