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Alta Vista Terrace, Bethesda Market Update September 29, 2009

By
Industry Observer with Metro Referral 99492

Alta Vista Terrace, Bethesda is located North of Greentree and West of Old Georgetown Road.  The community is made up of 250 homes. 

Presently, there is one brick colonial home on the market.  The home has been on the market for 34 days. It is listed for $899,000

There is one Rancher home under contract listed at $439,990.  This home was on the market 3 days! It requires renovations, or could be a fine building lot at this price.

The absorption rate at Alta Vista Terrace is 1 month!  This community continues to be hot!

As I noted before, Alta Vista Terrace and its neighboring Ayrlawn, Hendry Estates, Wyngate, Oakmont, Devonshire and Sonoma are popular communities where homes do sell when priced right. A first time buyer can find a reasonable $500,000+ home.

This month, a first time home buyer could have gotten a home for under $500,000, in Alta Vista Terrace, Bethesda!

 

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