Maryland Real Estate

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The Glen Mar Park area of Bethesda is a community that has it all!  With access to the downtown areas of Bethesda and DC so close, this neighborhood continues to attract professionals who work in those locations and require top notch schools as well as proximity to work locations. Wood Acres Elementary is tucked into the neighborhood in such a way to become an integral part of the community.  With about 600 students it’s a large school that draws from this neighborhood as well as several others in the 20816 zip code.  If you are interested in what school your child would attend in the 20816 zip code you can always check the Montgomery County Public Schools website, enter in the address of the home and all information about the school cluster will be available to you.

Glen Mar Park Real Estate & Glen Mar Park MLS Listings 

 

Use Bethesda Dream Home Finders’ search tools below to find condos, single family homes, townhouses, rentals, neighborhoods, and everything in between in the Bethesda areas. The map search featured below will give you every listing in that area - or will show blank if nothing is there.  If you want to expand or modify the search, use the general Search the MLS for Properties above.   Enjoy!

Averages 2007 Sold Price: $1,022,303 Median Price: $790,000 List vs Sales: 96.4% Days on Mkt: 62 Homes Sold: 19 Averages 2008 Sold Price: $924,838 Median Price: $744,100 List vs Sales: 89.4%  Days on Mkt: 100 Homes Sold: 8 What do They Mean? My real estate statistics are based on the last month’s numbers released from the MRIS Multiple Listing Service.  I then calculate averages for price, time on market, list/sale ratio, and chance for sale. * Information deemed reliable but not guaranteed

2008 - Real Estate Activity for Glen Mar Park
Date	Style	Address	List Price	Sales Price	Subsidy	List/Sales Ratio	DOM
02/09/08	colonial	5907 Carlton Ln	$1,599,900	$1,550,000	$0	96.9%	127
03/26/08	colonial	5301 Marlyn Dr	$740,000	$700,000	$0	94.6%	40
4/18/08	colonial	5810 Augusta Ln	$677,500	$631,000	$0	93.1%	32
4/28/08	colonial	5720 Massachusetts Ave	$980,000	$750,000	$7900	76.5%	108
5/06/08	colonial	5804 Namakagan Rd	$855,000	$855,000	$2250	100%	5
6/02/08	rambler	5206 Marlyn Dr	$757,700	$699,500	$0	92.3%	32
6/26/08	colonial	5817 Madawaska	$819,000	$738,200	$0	90.1%	71
5/18/08	colonial	5206 Belvoir Dr	$1,845,000	$1,475,000	$35,000	79.9%	385

 

2007 - Real Estate Activity for Glen Mar Park
Date	Style	Address	List Price	Sales Price	Subsidy	List/Sales Ratio	DOM
01/09/07	rambler	5220 Nahant St	$650,000	$625,000	$0	96.2%	5
01/18/07	rambler	5208 Carlton Ln	$535,000	$535,000	$0	100%	0
01/18/07	rambler	5805 Namakagan Rd	$681,750	$681,750	$0	100%	0
0216/07	other	5115 Lawton Dr	$1,599,000	$1,250,000	$25,000	78.2%	420
3/01/07	colonial	5205 Augusta St	$864,900	$873,000	$500	100.9%	3
3/07/07	colonial	5307 Augusta St	$850,000	$873,000	$1790	102.7%	4
3/09/07	colonial	5804 Augusta Ln	$849,000	$789,000	$3500	92.9%	68
3/14/07	colonial	5920 Walhonding Rd	$1,750,000	$1,750,000	$0	100%	0
3/15/07	colonial	5900 Carlton Ln	$749,900	$699,000	$5000	93.2%	114
4/27/07	colonial	5908 Carlton Ln	$1,795,000	$1,700,000	$0	94.7%	291
5/31/07	bungalow	5218 Belvoir Dr	$1,825,000	$175,000	$0	95.9%	130
6/06/07	rambler	5219 Belvoir Dr	$689,000	$669,000	$1750	97.1%	42
6/15/07	rambler	5912 Carlton Ln	$749,000	$790,000	$2500	105.5%	7
6/30/07	rambler	5906 Carlton Ln	$660,000	$660,000	$0	100%	0
8/16/07	colonial	5720 Namakagan Rd	$905,000	$905,000	$0	100%	0
10/17/07	rambler	5214 Belvoir Dr	$679,000	$669,000	$1000	98.5%	7
11/02/07	colonial	5220 Nahant St	$1,850,000	$1,775,000	$0	95.9%	50
11/15/07	bungalow	5905 Carlton Ln	$1,739,500	$1,685,000	$0	96.9%	20
12/28/07	colonial	5902 Namakagan Rd	$729,500	$700,000	$0	96%	24

 

Bethesda, 20816 Neighborhoods AU Park Beacon Hill Brookdale Brookmont Crestview Fairway Hills Fort Sumner   Glen Cove Glen Echo Heights Glen Mar Park Greenacres   High Point Mass Ave Hills   Orchardale Spring Hill Springfield   Sumner Tulip Hill Westgate Westhaven Westmoreland Hills Westwood Woodacres   Yorktown Village

 

If you are looking to buy or sell a home here or in one of the other lovely surrounding Bethesda real estate communites, please start your search by calling me, a Bethesda Realtor.  I’m available to help you! Josette Skilling Real Estate Professional Long & Foster Real Estate, Inc. Cell: 301-385-9213 Email: josette.skilling@longandfoster.com

 

All the Latest News About...

Chance for Sale in Bethesda MD Real Estate 20816 - June ‘08

 

The amount of inventory is up 11.6% from last June and the sales are down 7.7%.  The opportunity for sale dropped from last June to this June from 37.7% to 31.2%.  It’s also gone down from last month when it was 37%.   This figure is a nice way to guage how much is selling each month vs the absorption rates.  I find that eyes glaze over whenever I use that stat, but this very real "you only have a one in three chance of selling your house this month" is a better way to understand your competition for sale.

As always this is a broad look at a zip code and not indicative of every neighborhood.  But collectively it’s a great tool to see the relative health of the area.  The county only had a 13.6% chance for sale last month!

 

Chance for Sale in Bethesda MD Real Estate 20816 - May ‘08

Certainly the numbers are moving in the right direction:  inventory was slightly down, sales were slightly up and the chance for sale has climbed from that ugly low in January to 37% last month.  It is down from last year at the same time (when the chance for sale was 49.1%) when inventory was lower and there were also more sales.  Inventory is up 28% and sales are down 3.6%

We’ll be watching for the financial markets to strengthen and for credit to loosen up even further to allow more homeowners to purchase since this chart spans all housing types and price ranges in the zip code.   Compared to the county as a whole this zip code is still faring better since the chance for sale was only 11.2%.  Yikes.

Information is from MRIS and is deemed reliable but not guaranteed.

Chance for Sale in Bethesda, 20816 - April 2008

 

Market Reports for Bethesda Neighborhoods in Zip Code 20816 - 2007

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

Glen Mar Park Annual Appreciation Chart 2007

Single Family Homes in Glen Mar Park over the years have had a pretty good run up in appreciation.  This was for year end 2007.  Not too shabby.  We do need to consider the amount of rebuilding that has occurred and not just price very small rambler up at this appreciation!

Information from MRIS and deemed reliable but not guaranteed

 

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