Today’s View – April 26, 2013 – North Bethesda, Md. – Townhouses
This is a market report for townhouses in North Bethesda, Md. 20852. At the time of this report (04/26/2013) there are seven townhouses on the market FOR SALE, 23 that are under contract, and another nine that have sold in the last 30 days. The absorption rate (Active/30 day sold) shows a less than 1 months inventory, clearly a seller market.
Two Bedrooms
There is one two-bedroom townhouse in this market area for sale. This home is currently listed for $435,000 and has been on the market for less than a week (2 days) There is also one two-bedroom townhouse in this market area under some form of contract. This home was last listed for $389,000 and was on the market for a week (7 days). No two-bedroom townhouse in this market area has successfully completed the sales process in the last 30 days.
Three Bedrooms
There are four three-bedroom townhouses in this market area for sale. These homes range in price from a low of $650,000 to $1,199,990, with the median being $809,000. The days on market for these homes ranges from a single day to nine months (272 days), with the median being a month (32 days).
There are 20 three-bedroom townhouses in our report area that are under some form of contract. The last known list price of these homes ranged from $399,000 to $2,000,000 with the median being $659,000. The days on market for these homes ranges from a day to two months (60 days) with the median being a week (7 days).
In the last 30 days seven three-bedroom townhouses in this market area have successfully completed the sales process. The closing price of these homes ranged from $399,000 to $790,000 with the median being $620,000. The days on market for these homes ranged from a day to a month and a half (48 days) with the median being a week (7 days).
Four Bedrooms
There are two four-bedroom townhouses on the market in this area for sale. . These homes are currently listed for $779,000 and $1,975,000. The days on market for these homes ranges from a single day to over three months (100 days), with the median being over a month and a half (51 days).
There are two four-bedroom townhouses in our report area that are under some form of contract. The last known list price of these homes is $417,000 and $599,900, The days on market for these homes ranges from a week (9 days) to two weeks (16 days) with the median being two weeks (13 days).
In the last 30 days, another two four-bedroom townhouses in this market area have successfully completed the sales process. The closing price of these homes ranged from $500,000 to $620,000 with the median being $560,000. The days on market for these homes ranged from a day to less than a week (3 days).
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