Area Real Estate News & Market Updates for Bethesda Montgomery County Maryland 20886
Lets take a quick look at the report for Montgomery County Maryland in general
The bad news first: In May there was only 69000 jobs added for the whole United States.
The good news is that the private sector generated 1.8 million jobs between May 2011 to May 2012
Our local economy is tops when it comes to job creations and economic conditions. .that is the good news!
Unemployment rate is 5.6% in Maryland compared to the rest of the country
The laws of SUPPLY AND DEMAND are forecasting what the end of the year and the start of 2013 would look like, ,
PRICES ARE CERTAIN TO GO UP BECAUSE OF LOW INVENTORY AND A GROWING POOL OF BUYERS. AS THEY FIND THEMSELVES UNABLE TO BUY & COMPETE WITH OTHERS FOR THE VERY FEW LISTINGS OUT THERE.
Easy to figure this out. .
A lot of people want to sell but, their equities are still too low to motivate them.
Most of the inventory is coming from the MUST SELL homeowners to short sales and a few foreclosures out there.
If you are a buyer, my advice is to act quickly and be prepared before going out there.
2345 Active Listings available
This is the lowest number recorded in the last 7 years
We have buyers. . but the listings are simply not there!
Prices are rising because of this.
The average Days on Market has dropped over 17% from last year, indicating the trend mentioned above. Listing priced well, are selling very quick!
Check Market Updates For Other Nearby Cities:
Clarksburg - Damascus - Germantown - Olney -Montgomery Village - Gaithersburg - Rockville - Potomac - Bethesda - North Potomac - Poolesville - Kensington - Silver Spring
Check a Sample of Bethesda MD Latest Listings
$179,900
7522 SPRING LAKE DRIVE Unit #A, Bethesda
HUGE (1315 sq. ft.) 3BR ready for rnovation and instant sweat equity. NOT a SHORT SALE! Arguably the most affordable unit of this size anywhere in Bethesda. $35K renovat...
- Beds 3
- Baths 1.0
- MLS MC7928355
- Bldg. Spring Lake
$1,450,000
5301 CARVEL ROAD, Bethesda
A stone & brick architectural treasure...Colonial w/ Tudor feel built in 19421 & lovingly enlarged & updated by current owner. Located on oversized, well landscaped lot ...
- Beds 4
- Baths 4.0
- MLS MC7928242
$849,900
6105 GOLDSBORO ROAD, Bethesda
Stunning Home! SEE REALTOUR VIRTUAL TOUR! Hidden Gem. Set back on corner of Redwing (driveway on Redwing).Whitman Schools. Large 6BR, 3BA home w/garage on 1/4 Acre!. Pri...
- Beds 6
- Baths 3.0
- MLS MC7927807
$225,000
7505 DEMOCRACY BOULEVARD Unit #A, Bethesda
Lovely, Spacious 2BR,2FB condo in excellent LOCATION. Serenity, yet so close to shops,med. offices etc. Huge balcony with view,next to the Park. Access to major roads, 2...
- Beds 2
- Baths 2.0
- MLS MC7927950
- Bldg. Lakeside Terrace
$975,000
8621 TERRACE GARDEN WAY, Bethesda
Elegant downtown Bethesda townhome. Enjoy close access to Metro, shopping and lively downtown life! Double car garage lets you park and walk into all that downtown has ...
- Beds 4
- Baths 5.0
- MLS MC792766
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CALL US: If you are ready, we can show you any property in 3 hours or less in Bethesda MD 301-246-0001
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