Market Conditions in 20816 : Questions & Answers

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Jessica Hood,…, Real Estate Pro in Odenton, MD
Jessica Hood, Realtor & ASP answered:
what is the marekt like in 20814? what is the price per square foot vs. 2011? What is inventory now?
Hi Harsich,

The general market climate is MD is great. We are defying all National statistics especially since 1/2012. Our area generally does not calculate value based on a per s. ... more
0 votes Share Flag Sun Feb 10, 2013 Market Conditions in Bethesda
Brian Gormley, Real Estate Pro in Montgomery County, MD
Brian Gormley answered:
I live in a townhome on westlake terrace admist many condos. The value of our townhome is difficult to assess considering there are only 4-5 comps
In my experience, zillow, BoA and other value sites can be RADICALLY off-based. It is not infrequent that those two sites are $100,000 different in value on a $250,000 house! Answer t ... more
0 votes Share Flag Sun Aug 7, 2011 Market Conditions in Bethesda
Carolyn Thom…, Real Estate Pro in Bethesda, MD
Carolyn Thompson 301- 674-3056 answered:
Have list prices increased in Bethesda, since this time last year.
Yes, list prices are up more than 6%. In addition, there are a low number of foreclosures and short sales in Bethesda.

Feel free to contact us if you have a Bethesda MD homes for sa ... more
0 votes Share Flag Sun Feb 10, 2013 Market Conditions in Bethesda
Jon Tucker, Real Estate Pro in Ellicott City, MD
Jon Tucker answered:
What is the value of a TH in Potomac whose assessed value by the county is a little over $400000?
I am Jon Tucker with RE/MAX 100. Values have dropped by about 15% to 20%. Send me the address of one you are interested in and I can do an online valuation for you. I would like to ... more
0 votes Share Flag Sun Feb 10, 2013 Market Conditions in Bethesda
Donald J. Le…, Real Estate Pro in Tacoma, WA
Donald J. Leske II answered:
I have a rental property in the 20814 and want to get equity out. Possible in today's market. Interest only?
I have done it. It depends on LTV, Loan to value. My bank gives me 80% of value.... if I owe lets say 60% of actual value then I can pull another 20% out by doing a refinance. - I have ... more
0 votes Share Flag Sun Dec 5, 2010 Market Conditions in Bethesda
Rosie Bolin, Real Estate Pro in Raleigh, NC
Rosie Bolin answered:
I have just received a tax assessment notice raising my home evaluation from just under $700K to
We've just gone through reassessment in Raleigh as well. You have a couple of choices. You can go to your county tax site and pull up the closed comps in your area. Look at price/'sf ... more
0 votes Share Flag Thu Jul 2, 2009 Market Conditions in 20816
Dave & Lisa…, Real Estate Pro in Crofton, MD
Dave & Lisa Webber answered:
Is offering 20-25% below asking becoming a reasonable play in this market, at the $800K to $1.3M price range?
It really depends upon the neighborhood and condition of the house. There are many that have sold at or near the sold price, fairly quickly. It's really hard to say what the prices in ... more
0 votes Share Flag Tue Jul 20, 2010 Market Conditions in Bethesda
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