Market Statistics for Bethesda 20816/April 2010

In April of 2010 there were 22 homes that closed within the month for 20816 Bethesda, Maryland.  This was an increase of 8 units, as there were 14 homes that closed in April of 2009. 

The average list price for homes that closed in April of 2009 was $787,807
The average list price for homes that closed in April of 2010 was $814,136

The average sale price for the homes that closed in April 2009 was $730,321
The average sale price for the homes that closed in April 2010 was $753,022

The average Days on Market for homes that closed in April 2009 was 144 days.
The average Days on Market for homes that closed in April 2010 was 83 days.

35 homes went under contract in 20816 Bethesda in the month of April 2010.  The average list price of homes that went under contract was $860,001.  The average Days on Market for these 20816 Bethesda homes was 48 days.

January - December 2008 & 2009 Market Statistics for 20816 Bethesda, MD

In 20816 Bethesda, MD for the period of January to December 2008 there were 198 properties sold.
In 20816 Bethesda, MD for the period of January to December 2009 there were 236 properties sold.

In 20816 Bethesda, MD for the period of January to December 2008 the average list price was $975,900, the average sales price was $912,024 and the average Days on Market was 73.9 days. 

In 20816 Bethesda, MD for the period of January to December 2009 the average list price was $878,779, the average sales price was $815,579 and the average Days on Market was 72.8 days.

So, what does all of this mean? 

This is one zip in Bethesda where prices actually went up in 2010. Days on Market decreased from 144 to 83 days, a marked improvement.  20816 houses which went under contract for the month of April averaged 48 days on market... an even bigger improvement.  35 houses went under contract in April 2010, signaling a very active market, particularly when compared to the 22 homes that sold and settled in the same month.