![]() |
|
|
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:



ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved