Charred Oak Estates Market Report - January 2021

By
Real Estate Agent with Hollish Hill Group, JPAR Stellar Living

Charred Oak Estates Market Report

Bethesda, MD

January 2021

 

Curious about what's going on with real estate in Charred Oak Estates and how the pandemic has impacted home sales?

Let's look at the numbers:

  

As you can see from the charts, the numbers of Sold properties and the number of New Pending properties for January is above the 5-year average while the number of Active Listings is below that of the 5-year average. This low inventory is consistent throughout the DC Metro Area. 

 

  

January's inventory of homes for sale was a bit lower than the 5-year average with no months inventory on the market. The number of new listings entering the market in January was above the 5-year average. The uncertaintly around the pandemic may be part of the reason. 

Are you curious about what your home is worth? 

In the last graph above you'll notice the median sales price is above the 5-year average. 

Wondering how long it might take to sell your home in Charred Oak Estates?

 

  

 

The Days on Market in January 2021 at 13 days, was not as fast as the 5-year January average of 3 days. It also appears that sellers were pricing their homes competitively and the buyers drove the prices up this January as compared to the 5-year average for the month. 

 

If you'd like to discuss how these numbers impact the value of your home in Charred Oak Estates, just give me a call. I'm happy to meet with you. I live right in the neighborhood. Just let me know when you would like to meet. 

Thinking about buying a home in Charred Oak Estates? Just give me a call at 202-271-5301 to Get Started.

 

Posted by

______________________________________________________________________

Dana Hollish Hill

Founder, Hollish Hill Group

REALTOR * Broker * Coach 

JPAR Stellar Living

800 S Frederick Ave, Suite 200, Gaithersburg, MD 20877

office 301.944.9070  

cell  202.271.5301

web hollish.com

Comments (5)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Thanks for sharing your market update.  Great information for buyers and sellers in your area.

Mar 06, 2021 03:30 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Dana and thanks for the great report to share with us here in the Rain.  Make it a great day!

Mar 06, 2021 08:00 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

This is a very good post with some great info for those getting ready to make a move.

Mar 06, 2021 09:55 AM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Buyers & sellers will benefit from your Charred Oak Estates market report Dana. Thanks for sharing!

Mar 07, 2021 02:21 PM