“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

About Bethesda's Landon Woods

Landon Woods, Bethesda, MD: Market Update

Simone Bercu, Montgomery Co, MD Real  Estate, CRS, GRI, e-PRO, Assoc. Broker: Real Estate Agent in Bethesda, MD

Looking at Landon woods, Bethesda market activities, one can easily conclude that this is a very desirable neighborhood.

Based on the last six months statistics:

There are four homes under contract at $695,000 to $1,599,000

Two homes sold for $600,000 and $1,384,000. The first sold AS IS and the second a two year old custom built 6 bedrooms 6 baths home.

Presently there is only one home for sale. It was reduced from $2.250,000 million to $2,175,000. It is a newly built Arts and Craft house with 6 bedrooms 6 baths and the latest amenities.

There is also only one rental available in the community at $3,700 per month.

A normal market absorption rate is 5 to 6 months of inventory. Over six months is a buyer's market. The absorption rate for Landon Woods is less than a month. It within a HOT seller's market range!

Here are a sample of homes on the MRIS that represent the above mentioned homes in the Landon Woods subdivision: