Latest news on the Bethesda real estate market and what it means for you...
Bethesda, Maryland real estate report/snapshot for March 2020. The Bethesda housing market remained a seller's market in March 2020 with 1.9 months of inventory, down from the five year average of 2.9 months. Housing inventory was down 192 active listings as compared with 262 listings in March 2019. New listings (170 in March) increased 21.4% from February 2020 and 6.3% year-over-year.
Pending sales increased 2.8 % in Bethesda in March 2020 compared with one year ago. Bethesda's closed sales increased 23.9% year-over-year.
On average, homes sold in 40 days, down from 45 days compared … (15 comments)
bethesda real estate market: Bad News or Good - Are You Hearing the Whole Story?
- 03/31/20 08:46 AM
I wanted to share some information from Keeping Current Matters which I read this morning - and add my thoughts to it. There’s a lot of anxiety right now regarding the coronavirus pandemic, the health situation, and the impact on the economy. I believe our job is stay calm ourselves, follow the rules regarding our health, continue to work in and on our business, and to share helpful information with our clients and community. Unfortunately, there are a lot of horrifying headlines put there, which don't always reflect the information in the articles themselves. It is really important to read the … (16 comments)
As an full time and very active Realtor in the DC metro area, I love to write about the DC market, special communities within the market, and new listings, and to connect with other agents in ActiveRain on ways to improve our service to the public and our marketing abilities.
Bethesda, Maryland Real Estate Report/Housing Market
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