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The Mass Ave Hills area of Bethesda is a community that has it all! |
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Mass Avenue Hills – Bethesda Real Estate, Bethesda Homes for Sale & Mass Avenue Hills MLS Listings
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This chart is the most current look at the median price for active inventory – or homes for sale in Bethesda – within the zip code. Look to this for trends within the neighborhoods… |
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If you are looking to buy or sell a home here or in one of the other lovely surrounding Bethesda real estate communities, please start your search by calling me, a Bethesda Realtor. You can search for all homes for sale in Bethesda by clicking on the search button above. I’m available to help you! Josette Skilling |
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Bethesda Real Estate and Bethesda Homes for Sale
I'm available to help you!
If you are looking to buy or sell a home here or in one of the other lovely surrounding Bethesda real estate communities, please start your search by calling me, a Bethesda Realtor. You can search for all homes for sale in Bethesda by clicking on the search button.
All the Latest News About...
2009 Year End Sales Summary for Bethesda – 20816
Bethesda Real Estate – Homes for Sale in Bethesda
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ACTIVE LISTINGS in Bethesda – 20816
Price continues to trend upwards in the active listings – or homes for sale in Bethesda – 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 into more of a seller’s market.
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Bethesda Real Estate and Bethesda Homes for Sale
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.
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Bethesda Real Estate and Bethesda Homes for Sale
Preview of 5509 Namakagan Road MC6998813 – Bethesda Real Estate in Mass Ave Hills
5509 Namakagan Road, Bethesda MD 20816
MC6998813 – $1895,000
Still previewing homes this week…. This one was fun to go in and see! It’s truly lovely and has so much space. The main level is well used space with a formal room in the front and a dining room the whole neighborhood could eat in 
Beautifully framed by columns and trim and painted in these soft neutrals anyone could live with.
A main hallway keeps the flow going and somewhat separated so you don’t just have one big common area – a blend of great room space all together in the back of the home and more formal separated space in the front. The kitchen area in the back flows right into the family area and the back deck, which is good for entertaining. Not much yard left by the time this much house is built on the lot but there is still green space that could house play equipment or patio space.
The upper level has bedrooms and baths in abundance – all with good space and light flowing in. A neat feature is a common area that could be a library or upstairs den. It’s in the space above the porte-cochere so it might have been too narrow for a bedroom but makes the perfect place for any common usage!
The lower level just goes on and on! Lots of room and walkout to the back yard. There’s a lot of natural light plus good overhead lighting that makes the space feel really good. Truly you won’t lack for space in this house.
Location can’t be beat. Shopping centers close by, the trail access is literally right down the road, the schools are highly regarded and getting into DC by public transit or car is a breeze.
If you are interested in what kind of offer to make for this home, call me and we can discuss the comps and what price is supported by the recent sales and the current condition of the home
Bethesda Real Estate and Bethesda Homes for Sale
2009 Yearly Statistics for Bethesda 20816 Neighborhoods
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Bethesda Real Estate and Bethesda Homes for Sale
November 2009 Real Estate Stats for Bethesda, 20816
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Information source MRIS, deemed reliable but not guaranteed…
November taken just from this chart looks abysmal. But rolled up for the year, the median price is only down about 5%. Not so bad if you thought it was 39% down. That’s one of the reasons this month over month look can be deceptive and really too narrow to look at as definitive. I prefer to keep a rolling average of the year to date so I can look back over the years and see if this season is in fact much different than previous year’s seasons as a whole. I also prefer median price over average because it doesn’t take much in a zip code that is being remodeled or rebuilt fairly heavily to skew the data upwards. Same holds true for some of the smaller homes that might be gobbled up to create a new home and that will skew the average downwards…
The active inventory in November was much lower than before and that becomes the trend to watch. If it continues and buyer demand starts heading upwards we might see price stabilize in an upward trend.
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If you are looking to buy or sell a home in one of the Bethesda real estate communites, please start your search by calling me, a Bethesda Realtor. I’m available to help you! Josette Skilling |
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