Market Reports for Bethesda Neighborhoods in Zip Code 20816 - 2007

Posted by josette on February 24th, 2008 2 Comments
AU Park, Beacon Hill, Brookdale, Brookmont, Crestview, Fairway Hills, Fort Sumner, Glen Cove, Glen Echo Heights, Glen Mar Park, Greenacres, High Point, Market Reports, Mass Avenue Hills, Orchardale, Spring Hill, Springfield, Sumner, Tulip Hill, Westgate, Westhaven, Westmoreland Hills, Westwood, Woodacres, Yorktown Village

All the neighborhoods in 20816 - single family sales only: 

 

  2007 2007 2006 2007* 2007
Subdivision # of Sales DOM Avg Sold Price Avg  Sold Price %  Change from 2006
AU Park 3 15 $1,350,635 $983,333 -27%
Beacon Hill 2 4 $1,273,500 $1,276,050 0%
Brookdale 3 18 $853,333 $1,061,667 24%
Brookmont 5 68 $1,016,250 $1,379,119 36%
Crestview 5 54 $728,227 $552,600 -24%
Fairway Hills 6 41 $754,333 $745,417 -1%
Fort Sumner 1 79 $1,548,000 $1,191,000 -23%
Glen Cove 3 81 $1,001,643 $1,205,167 20%
Glen Echo Heights 19 107 $1,155,303 $1,122,955 -3%
Glen Mar Park 16 74 $819,794 $1,025,750 25%
Greenacres 7 67 $771,660 $914,571 19%
High Point 3 113 $789,000 $1,124,667 43%
Mass Ave Hills 3 54 $816,000 $1,515,000 86%
Springfield 18 17 $1,060,647 $1,185,250 12%
Spring Hill 1 8 – $1,800,000 –
Sumner 12 47 $1,095,022 $1,045,292 -5%
Tulip Hill 1 3 $1,276,000 $1,210,000 -5%
Westgate 13 47 $881,444 $876,692 -1%
Westhaven 2 140 $1,056,400 $971,750 -8%
Westmoreland Hills 21 38 $1,173,471 $1,365,500 16%
Westwood 4 38 $947,500 $1,499,750 58%
Wood Acres 11 12 $877,543 $917,105 5%
Yorktown 2 27 – $1,004,500 –
All of 20816 164* 50 $987,264 $1,090,764 10%
* inc 3 sales from other subdivisions not listed      

 

 

 Information from MRIS and deemed reliable but not guaranteed

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Carole Cohen said ,

March 26, 2008 @ 6:57 pm

Wow, the percentages are all over the map; I don’t remember all the nooks and cranny names in Bethesda anymore but this really gets to why a buyer needs the help of a professional agent when writing an offer. I love the layout of the chart too. Good job!

josette said ,

March 26, 2008 @ 7:06 pm

Carole, every time someone quotes me the national averages for a neighborhood I just go back to this kind of info. There is so much new building here that it skews the numbers so you just have to dig down and pay attention! I keep this in a spreadsheet and can look at it by price range or by house style and that really helps to see where the market is…

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