Feel free to contact us if you have a Bethesda MD homes for sale.
List price has nothing to do with the bottom line sale. Any further questions, please feel free to call me at 301.335.4920. We are licensed in Maryland.
ALAN A. REZAIE
20814 - 2009 Report:
20816 - 2009 Report
93% - Average
96% - Median
20817 - 2009 Report
91% - Average
96% - Median
You may be interested in this report:
The other two zip codes are in process and should be posted soon. The price quartiles all behave differently so it's important if you are making a decision to sell your home or to purchase in Bethesda that you further refined the look at the pricing.
What a home is listed for has less relavance than what it sells for.
Is there much difference between what a home is listed for and what it sells for in Bethesda (median)?
The chart at the bottom of the page is live and if you expand it to view 1Yr you'll see the trending for the city as a whole. I am looking at charts that are exclusive to me and not posted on that page and can tell you that:
In the three zip codes of Bethesda, 20817 has active trending that is increasing:
- The bottom quartile is up 6%
- The lower quartile is relatively unchanged
- The upper quartile is up 3%
- The top quartile is up 17%
In the zip code 20814, there are no quartiles that are showing any upward trends but rather an overall 14% drop in active pricing.
In the zip code 20816, there are no upward active trends but rather an overall 10% drop in active pricing.
There are many reasons for the differences... different inventory coming on than last year, reaction to CLOSED not active sales prices for the year, motivation to sell, distress, etc.
Unless these prices result in actual sales that begin to show an upward sold price trend, these may simply hopeful!
For a complete analysis of the market and to get more neighborhood specific detail, I'd need more information. Hope this helps for the overall market...