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20015 Chevy Chase, DC Market Report- October 2010

By
Real Estate Agent with Marcie Sandalow, Compass 301.758.4894

Original Source:  Chevy Chase 20015 Market Report- October 2010

Market Watch orange

In October of 2010 there were 23 homes that closed within the month for 20015 Chevy Chase, DC. This was an increase of 8 units, as there were 15 homes that closed in October of 2009.

The average list price for homes that closed in October 2009 was $834,658. The average list price for homes that closed in October 2010 was $893,226.

The average sale price for the homes that closed in October 2009 was $778,333. The average sale price for the homes that closed in October 2010 was $863,843.

The average Days on Market for homes that closed in October 2009 was 60 days. The average Days on Market for homes that closed in October 2010 was 50 days.

15 homes went under contract in 20015 Chevy Chase, DC in the month of October 2010. The average list price of homes that went under contract was $807,013. The average Days on Market for these 20015 Chevy Chase, DC homes was 32 days.

January – December 2008 & 2009 Market Statistics for 20015 Chevy Chase, DC

In 20015 Chevy Chase, DC for the period of January to December 2008 there were 165 properties sold. In 20015 Chevy Chase, DC for the period of January to December 2009 there were 184 properties sold.

In 20015 Chevy Chase, DC for the period of January to December 2008 the average list price was $944,780, the average sales price was $902,340 and the average Days on Market was 59.7 days.

In 20015 Chevy Chase, DC for the period of January to December 2009 the average list price was $890,522, the average sales price was $842,155 and the average Days on Market was 65.1 days.

So, what does all of this mean?

With only 7 sales last month I was starting to worry. Things are looking rosier with 23 October sales. Chevy Chase, DC doesn't vary all that much, with average 2010 prices swinging between the high $700's and the low $900's. There are only 49 listings (at the time of this writing) currently available in 20015 Chevy Chase, starting with a 379 s.f. studio apartment offered at $189K all the way up to a stately stone tudor home offered at $2,495,000.

September Report
August Report

July Report

June Report

May Report

April Report

Posted by

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Marcie Sandalow is a realtor with Evers & Company Real Estate, Inc. in Chevy Chase, DC.   
With 15+ years in the business, and a sharp understanding of her client's needs, she serves Buyers and Sellers
in and around Bethesda, Chevy Chase, Washington, DC, Kensington, Rockville, Silver Spring and Takoma Park. 

E-mail:  marcie@bccdcrealestate.com
Cell:  301/758-4894

Website:  BCCDCRealEstate.com and DCHouseSmarts.com

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Anthony Stokes-Pereira
Better Homes and Gardens Rand Realty - Nanuet, NY
Realtor

A very detailed presentation on activity in your market area!

Nov 24, 2010 12:23 AM