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The Springfield area of Bethesda is a community that has it all! Wonderful older homes – many of which have been renovated extensively – with tree lined streets and a tight knit community. There are multi-generations living here (I should know we live in the house my husband grew up in there!) since the families want their kids to experience the same sense of tradition and community they grew up with. The ~450 homes were built in the 50’s and are a mix of ramblers, splits and colonials, with a preponderance of splits it seems! With recent development happening at a fairly rapid clip, there are now a number of homes well over $2M in the neighborhood. 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 700 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. An active civic association is in place to monitor and respond to the issues within the community. Recently, many trees were marked for removal and the association has been active in getting the word out to the community that the replacements need TLC and just what to expect those replacements to be, according to the county guidelines. A pending issue that has many residents concerned is the anticipated renovation of the nearby shopping center. Springfield is part of a larger coalition of communities banded together to ensure that the development is something that can be supported by the community and doesn’t tax our infrastructure so much. Much discussion has centered around the potential for high rise homes and national chain shopping centers though nothing is yet set stone. No pun intended… |
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Springfield - Bethesda Real Estate, Bethesda Homes for Sale & Springfield 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
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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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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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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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If you are looking to buy or sell a home in one of the Bethesda real estate communities, please start your search by calling me, a Bethesda Realtor. I’m available to help you! Josette Skilling |
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Preview of 5504 Kirkwood Drive – Bethesda Real Estate in Springfield
5504 Kirkwood Drive, Bethesda, MD 20816
MC7229578 – $875,000
This house has been on the market for just a couple of weeks and I’ve shown it once and previewed it as well. It’s always funny to go into models I’ve sold in the past in other subdivisions – this same house is over on Millwood also. The same developers worked all over the area back in the day these were built. It’s priced well considering that other splits have sold for over $900K.
It’s a solid, well built 1957 split level with four bedrooms on the top level and another that could be used as bedroom or den on the lower level. All are a good size and with the split of two on one side of the house and two on the other it offers a nice way to get a little space between kids and parents or guests.
Bathrooms are "retro" but they are in good shape and I’m sure will be on the list of any new buyer to update. The kitchen is somewhat updated, at least not the original, and has a nice little eat in nook. Dining room and living room are on the main level and as with most of these splits the living room is a great size. The lower level is a bright room that walks out to the back yard and has plenty of natural daylight. Yet another level below is perfect for extra storage, a work area or finish it off to make it more usable space. Storage is also handled by the walk in attic on the upper level. What a bonus!
The back yard is super! Lots of space and a great patio area – it’s perfect for playing and entertaining. Kirkwood is a great street and this house is well situated on the lot. The garage allows for parking a vehicle indoors as well as plenty of on street parking should you need it as well.
This neighborhood is close to everything, has highly regarded schools and has a mix of old and new homes that we are seeing in all the close in suburbs. Many people simply renovate extensively to stay in what they consider to be one of the best neighborhoods around!
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
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If you are looking to buy or sell a home in one of the Bethesda real estate communities, please start your search by calling me, a Bethesda Realtor. I’m available to help you! Josette Skilling |
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2009 Yearly Statistics for Bethesda 20816 Neighborhoods
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