Bethesda 20816: DECEMBER MARKET UPDATE 2009

A little bit late... but here is the market analysis for 20816:

Bethesda, 20816 -Single Family Homes

Much like the rest of Montgomery County, inventory remained extremely low in December in Bethesda 20816 with a total of 9 new listings (four of which still remain active on the market).

8 homes went under contract in December in Bethesda 20816, while 16 homes settled and 34 listings remain on the market. Only four more units came on the market this December as compared to 2008 but with that small difference there was a noticeable change in over volume sold (up 56.97%). Now as exciting as it is to see such a jump in overall volume sold - keep in mind that in our market all it takes is one really expensive home to throw these numbers off.

Sellers - why wait until the Spring of 2010 to sell when every one is selling? Stand out from the crowd and sell your house now while the inventory remains low and your competition is limited.

Below is a break down of the activity separated by 4 different ranges in price.

Real Estate Activity in Bethesda, MD 20816:

Active

Homes for sale under $500,000 = 1

Homes for sale from $500,001 to $800,000 = 8

Homes for sale from $800,001 to $1,500,000 = 17

Homes for sale from $1,500,001 and up = 8

Under Contract

Homes Under contract with a list price under $500,000 = 0

Homes Under contract from $500,001 to $800,000 = 4

Homes Under contract from $800,001 to $1,500,000 = 3

Homes Under contract from $1,500,001 and up = 1

Sold

Settled Homes list price under 500,000 = 0

Settled Homes list price from $500,001 to $800,000 = 3

Settled Homes list price from $800,001 to $1,500,000 = 10

Settled Homes list price from $1,500,001 and up = 3

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See what's available now in 20816 by clicking here.