(BETHESDA REAL ESTATE)
Single Family Homes Sold in December 2007 - Bethesda, MD (Montgomery County) 20816
|Status||Close Date||Original Price||Price at Sale||Sold Price||Discount||Subsidy||DOM||Address||Subdivision|
|SOLD||12/14/2007||$625,000||$625,000||$625,000||100%||$0||16||6200 CRATHIE LN||FAIRWAY HILLS|
|SOLD||12/19/2007||$749,000||$699,000||$699,000||93%||$0||22||6210 VORLICH LN||FAIRWAY HILLS|
|SOLD||12/28/2007||$729,500||$699,500||$700,000||96%||$0||24||5902 NAMAKAGAN RD||GLEN MAR PARK|
|SOLD||12/31/2007||$769,000||$769,000||$769,000||100%||$3,660||6||5314 YORKTOWN RD||GREENACRES|
|SOLD||12/17/2007||$1,275,000||$1,275,000||$1,200,000||94%||$0||12||5306 ELLIOTT RD||WESTMORELAND HILLS|
|SOLD||12/18/2007||$1,450,000||$1,450,000||$1,400,000||97%||$2,500||77||4502 BOXWOOD RD||WESTMORELAND HILLS|
What Does it Mean?
The neighborhoods covered by this report are:
- Fairway Hills
- Glen Mar Park
- Westmoreland Hills
Maybe they all took Christmas off this year?? Last month I wondered if the price increase would be maintained over December and it looks like it didn't... Almost every number is down including days on market which are cut in half from last year. If you notice, though, they are getting more as a % of their sales price this year as compared to last year. With the exception of Boxwood, everything sold relatively quickly (the average in the county for the month was 118 DOM). Sales volume and units sold were down about 40% from this time last year throughout the county, so Bethesda trended a bit worse than the average there.
Luckily the trend for the 4th quarter still shows a median and average price increases, albeit fewer sales and less sales volume:
- There are currently 36 active listings ranging in price from $549,000 to $6,750,000.
- There are 7 homes under contract which are slated to close between now and the end of February.
(1/10/08) Information Source: MRIS - Information is deemed reliable but not guaranteed.For more information about real estate sales in Bethesda, MD 20816 please email me at email@example.com or visit my website at Bethesda Real Estate
Long & Foster Real Estate, Inc.
4733 Bethesda Avenue
Bethesda, MD 20814
Disclaimer: The opinions expressed by The Activerain Network and its members and those providing comments are theirs alone, and do not reflect the opinions of Josette Skilling or Long & Foster Real Estate, Inc. Josette Skilling and Long & Foster Real Estate, Inc. are not responsible for the accuracy nor the content provided by the community.