My experience in the area has given me access to some of the best deals on fantastic properties Bethesda has to offer – I’ll be happy to share my own exclusive list with you based on your own criteria. Just fill out the easy contact form below – that’s it! All you gotta do is ask!
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The High Point 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 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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Bethesda Real Estate and Bethesda Homes for Sale
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 here or by clicking on the search button.
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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 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.

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
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Bethesda Real Estate and Bethesda Homes for Sale
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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Source: MRIS
Information deemed reliable but not guaranteed