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Alta Vista Terrace, Bethesda Market Update December 23, 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 119 days. It is now listed for $849,000.  There is another new home on the market for $1,399,900, listed for 19 days.

There is one forclosed home under contract listed now at $960,000.  At this price, the home was on the market 11 days!  Another new home under contract is listed at $1,260,000.

The absorption rate at Alta Vista Terrace is 0 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.

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