(BETHESDA REAL ESTATE)
Single Family Homes Sold in November 2007 - Bethesda, MD (Montgomery County) 20816
|Status||Close Date||Original Price||Price at Sale||Sold Price||Discount||Subsidy||DOM||Address||Subdivision|
|SOLD||11/14/2007||$495,000||$495,000||$495,000||100%||$0||7||4849 CRESCENT ST||CRESTVIEW|
|SOLD||11/30/2007||$629,000||$629,000||$629,000||100%||$0||7||4001 61ST ST||BROOKMONT|
|SOLD||11/8/2007||$750,000||$750,000||$728,000||97%||$14,000||39||6209 MASSACHUSETTS AVE||WOODACRES|
|SOLD||11/14/2007||$1,195,000||$1,195,000||$1,130,000||95%||$0||20||5103 DUVALL DR||WESTMORELAND HILLS|
|SOLD||11/19/2007||$1,495,000||$1,295,000||$1,260,000||84%||$0||25||4303 TORCHLIGHT CIR||WESTMORELAND HILLS|
|SOLD||11/19/2007||$1,299,995||$1,299,995||$1,275,000||98%||$0||17||5212 FARRINGTON RD||WESTMORELAND HILLS|
|SOLD||11/12/2007||$1,375,000||$1,375,000||$1,355,000||99%||$0||15||4400 CHALFONT PL||WESTMORELAND HILLS|
|SOLD||11/9/2007||$1,725,000||$1,725,000||$1,600,000||93%||$2,500||38||5323 CARVEL RD||WESTMORELAND HILLS|
|SOLD||11/15/2007||$1,739,500||$1,739,500||$1,685,000||97%||$0||20||5905 CARLTON LN||GLEN MAR PARK|
|SOLD||11/15/2007||$1,798,500||$1,729,500||$1,692,310||94%||$0||96||5517 POLLARD RD||SPRINGFIELD|
|SOLD||11/2/2007||$1,850,000||$1,795,000||$1,775,000||96%||$0||50||5220 NAHANT ST||GLEN MAR PARK|
|SOLD||11/30/2007||$2,295,000||$2,295,000||$2,219,096||97%||$0||172||4102 MARYLAND AVE||BROOKMONT|
The last four houses on the list are all rebuilt homes and that upper bracket is helping to drive the median and average price up to the highest median price change we've seen all year. The low sale of $495,00 is one of two this year at that price range - cute little, and I mean little, ramblers with one or two bedrooms. But for someone who likes the area and its proxmity to downtown Friendship Heights, it's better than a condo! The lot is very small at 4000 sq ft or so so it's unlikely a very large home will go up there but it's well below what a home costs in this zip code and has some room to get a bit bigger.
Note the discount column... On average the sellers were getting close to their price except for Torchlight, which sold for very close to its price at the time of sale. They were lucky to overcome that and still sell in a relatively short 25 days, a testament to the lure of Westmoreland Hills. Had it been somewhere else they might have languished for months with that kind of pricing error.
Overall days on market are not too bad with an average of 42 and many homes selling in under a month. While less inventory is being moved, what is there seems to be holding its own.
(12/10/07) 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
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