Chevy Chase DC Home Sales: First Quarter 2011 Market Report
Chevy Chase has been having a pretty decent year so far. Both the average and median sales prices are up compared to the first quarter of 2010. The number of homes settled also increased slightly, going from 19 last year to 21 in 2011.
The homes do seem to be taking longer to sell, although the average is increased pretty dramatically by 5 homes that have been on the market for over 200 days - and all at prices of over $1million.
|
|
# |
Lowest Price |
Highest Price |
Average Price |
Median Price |
Days on Market |
|
For Sale |
29 |
$625,000 |
$2,295,000 |
$1,061,817 |
$998,000 |
106 |
|
Pending |
14 |
$549,000 |
$1,295,000 |
$801,107 |
$765,500 |
21 |
|
Sold |
21 |
$620,000 |
$1,550,000 |
$881,196 |
$770,000 |
58 |
|
Sold 2010 |
19 |
$637,000 |
$1,460,000 |
$853,026 |
$764,500 |
41 |
In Chevy Chase, the homes come in all shapes, sizes and ages. Some date back to the turn of the last century, when people were building country homes to get away from the nasty Washington summers. While most of the homes are center hall brick colonials, there are also many bungalows from the Sears Roebuck house era and a sprinkling of mid-century modern.
The streets are tree lined, and this time of year almost every tree and bush is covered with blossoms.
Most of the neighborhood is an easy walk to shops, theaters and restaurants, and from the western section near Wisconsin Avenue, you can walk to Metro.
Here is a link to information about homes currently for sale in Chevy Chase, DC.
If you are planning a move to or from the Washington, DC area, I can help. Call, email or text me at:
Housepat@mac.com
202-549-5167
Licensed in DC, Virginia and Maryland
Chevy Chase DC Home Sales: First Quarter 2011 Market Report
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