December 2009 – 20816 Monthly Stats

SOLD Listings in Bethesda – 20816

December of 2009 was  a busy month.  The units sold volume was up by 50% as you can see and sales volume was way up as well.  A lot of homes went under contract at the end of the year.  Median price was flat from 2008 but average sold price was up – seven of the homes sold that month were over $1.1M which improved the average price.  In the same time frame last year there were only 3 homes sold over $1M. 
 

The median sold price is still the better statistic to watch for a general trend.

ACTIVE LISTINGS in Bethesda – 20816

Price continues to trend upwards in the active listings but it has not translated yet to sold prices achieving gains in average or median price.  The inventory is still on a downward trend from the past but the days on market are not matching the same trend.  The buyer demand is not heavy enough yet to tip the balance.

Bethesda Real Estate and Bethesda Homes for Sale