Difficult question, Jamie. You'll need a good crystal ball for that one.
Real estate prices in all areas are determined by a combination of supply and demand and consumer confidence. I see signs that consumer confidence is getting better - we are seeing more sales - but the future supply and demand is very much related to how many foreclosures have yet to take place in Concord. These will be offered at bargain prices by the banks and so prices stay low.
Visit my web site at http://www.bernardgibbons.com
if you would like to be placed on an automated email system that would send you details of homes for sale in Concord as they come on the market. That would help you to keep in touch with where prices are going.
Bernard Gibbons, Realtor, e-PRO Certified Internet Specialist
J. Rockcliff Realtors, 15 Railroad Avenue, Danville, CA 94526
Phone (925) 997-1585