Photos from Josette Skilling
Even the teachers get into the spirit at Wood Acres Elementary in Bethesda! Located in: Bethesda, MD
This is an auto updating chart that will always show the latest 12 month's data on the average days on market for single family homes in the three Bethesda real estate zip codes of 20814, 20816 and 20817. Run your curser over the bars to see the values for that month.
A look at the Single Family Homes in Bethesda
If you are looking for the median price of single family homes in the Bethesda neighborhoods, this chart will appeal to you. It's a self updating chart, so no matter when you happen to find this post, it will always have the most current look at the last 12 months.
The three zip codes in Bethesda, 20814, 20816, 20817, all have a wide variety of housing choices and prices. Many of the areas in the city have neighborhoods where the old style housing has been eclipsed by newer construction. The median price index is a good way to look at the trends for homes that are not alike...
Run your cursor over the bars to see the current values...
This is the same data, in a spreadsheet format:
| Units Sold: how many homes sold in the year. The chart on the left compares the years. The chart on the right tracks what % of the total each price range accounts for: | |
 |
 |
|
Sales Volume: how much was sold for the year. The chart on the left compares the years. The chart on the right tracks what % of the whole each price accounts for: |
|
 |
 |
| Average Days on Market: how long the property was on the market. The chart on the left compares the years. The chart on the right tracks the average days: | |
 |
 |
| Average Price= the average of the homes sold in the price range. The chart on the left compares the years. The chart on the right tracks the averages by price range: | |
 |
 |
| Median Price = the median price of the homes sold in the price range (the halfway point between the high and low). The chart on the left compares the years. The chart on the right tracks the median by price range: | |
 |
 |
How's The Monthly Market?
The absorption rate, measured often as months of inventory is down to 2 months (this is active inventory divided by sold).
Rates have crept up to the upper 4's which is still very low but on a $500,000 house a 3/4 % increase meant that the buyer now had $15,000 less purchasing power than before. These rates staying low should have pushed more and more buyers into the market but they are still fearful of the overall economy. Some still believe that prices will fall but as you can see by these numbers that median is increasing and with rates risings buyers need to beware.
9 homes are under contract . On average, it took 40 before these homes went under contract but only two had a price reduction. That's a good sign! The homes that went under contract quickly were across all price ranges so it's not just a lower priced home that is considered a value. A well priced home will sell!
But interesting to note that only one high priced home is under contract and all the rest are just at or below the median price.
If you are considering the sale of your home, please call me to discuss the market
and how competitive your home will need to be in that marketplace!
Annual Wrapup ...
At a time of uncertainty in the world, there is a 2% increase in median price from last year. In fact most of the number are positive: days on market down 17% and the amount sellers got of their asking price was up 4%. The only number that could improve is the number of homes sold, which was down ever so slightly by 2 homes, a 1% decrease.
For anyone who bought in the 2007-2008 years it may be a little hard to recoup their investment but if the home was purchased earlier than that, you can see by the chart in the report below the appreciation is quite significant. Want to get that price? Keep the house maintained, do the updates necessary to be the next one sold! Buyers today want to walk into a home and have it ready - they are not interested in redoing everything so deferred maintenance often scares them away from the purchase.
I was trying to figure out why this one listing was not showing up on my Diverse Solutions IDX and their support asked if the seller had allowed Internet publication. I was shocked to find that in fact this listing in Bethesda, in a prime neighborhood that is sought after, had chosen to be INVISIBLE on the Internet to buyers. DNP stands for Do Not Publish
Do not publish. Or in other words do not sell! Since sellers have to sign off on the listing and presumably go look for their listings on the Internet, I'm assuming they are aware they are found on no major sites. This is a limited service brokerage, but did the sellers really want this much limitation?
Then I looked through at the rest of the listing. These are the remarks that have remained unchanged in 175 days:
Of course the price has changed. The original price could never be sustained but moreover, the current price is still wrong.
And these mistakes have led to the inevitable 175 days on market....
What not to do is so evident throughout the listing but still these sellers persist and all because they think they are saving money by using this company instead of a more experienced broker, willing to do what it takes to have a listing marketed properly and completely VISIBLE to the Internet shoppers.
We have no idea where buyers come from but many are relocating here from other parts of the country. They certainly won't have this home on their Bethesda real estate list when they arrive to look at homes... Heck, they'll never even know it was out there!
Whether you are buying or selling Bethesda real estate in Montgomery County, my goal is to help you with the tools and resources you need to make a good and stress-free decision.
Solving Your Real Estate Puzzle..
Home means many things to people... It provides us with shelter, establishes our roots in a neighborhood and can be an investment for the future. Buying or selling a home can be one of the most emotional journeys you'll ever take. Because it's more than just a dwelling, it represents your dreams and hopes for your family... your future. My goal as a Bethesda Realtor is to help you meet your goals and transform your search for a house into a home. Like fitting together the pieces of a puzzle...
I understand that making the decision to contact a Realtor takes significant trust. I also know that you might be hesitant to contact someone you've never met about such a tremendous decision. Instead of assuming your trust, I will work to earn it by serving your needs and educating you as we work together so that you can safely make good decisions with the full knowledge you've received complete and transparent advice.
I'm a Bethesda transplant of many years and my husband is a native (yes, there really are some of those!) We live in the house he grew up in so I know this community. My kids go to Montgomery County public schools, we belong to a local pool, and our work and family are structured around the community we love.
Since I've been part of the public policy committee at my local association, I've found a new and greater understanding of the issues that affect the Bethesda real estate market, especially in relation to the wider context of the County and metro area. Not only from a Bethesda real estate standpoint, but from an integrated master plan view of how our disparate parts of this vast county come together to form a distinctly original community.
CONFIDENT HOME BUYING
Perhaps you are a first time home buyer, an investor or are relocating to the Bethesda area. Working with me means that I will take the time to listen and understand your needs and develop an individualized plan for meeting those needs, whether now or a time in the future. Searching for homes for sale in Bethesda just like I can is one of the many services I offer...
Sure, I can help you buy a home. But how is a different story... I am always previewing homes so I'm familiar with the inventory, I'll give you glimpses of neighborhoods, to narrow your focus, then preview homes some more so that when you arrive in Bethesda to purchase a home for sale, you'll have a very good idea of what to expect.
First time home buyer? The Bethesda market is great place to start. There are areas of Bethesda that offer affordable Bethesda condos in a variety of styles and neighborhood amenities. From hip condos with walk scores over 90 to high rise buildings near transportation, first time buyers can find a home - even in the pricey suburbs of Bethesda!
Looking for investment property? Bethesda Rentals close to transportation hubs go quickly and with enough folks coming through the area on temporary assignments there is always a willing demand for rental property of every price range: from college students to diplomats!
Moving up? You'll find homes in every price range from fixer-uppers to custom construction. Under $500,000 is tough to find but homes in every other price range abound. Many older homes, require cosmetic improvements but the lure of excellent quality schools and the lifestyle afforded here are enough for many to make the sacrifice. Family-friendly neighborhoods, parks, excellent quality schools, shopping, established neighborhoods with tree lined streets, mass transportation and job centers. Really, what more could you possibly want?
REDUCED STRESS HOME SELLING
Selling your Bethesda home? In a changing market, you need a Realtor who will be honest about what you can expect and give you the expert advice you need to put your home on the top of buyer's lists. By finding me here, you've taken the first step. With my on line presence in Bethesda real estate, buyers find me everywhere they are looking.... bethesda real estate searches, neighborhood searches, specific property searches. If buyers can find me on line, they can find your home there as well with my extensive marketing.
Google Josette Skilling to see the breadth of my engagement on line...
Cutting edge marketing and complete transparency
This is real estate for a new millennium - smart, tech-savvy, and well-informed
I am Josette Skilling, REALTOR and Associate Broker. I believe in good customer service, ensuring that buyers find homes and doing the right thing. I am an experienced REALTOR and am active in the Bethesda neighborhoods of Montgomery County, MD.
Josette Skilling
Associate Broker
Keller Williams Capital Properties
801 D Street, NE Washington, DC 20002
301-385-9213 (cell)
202-243-7700 (office)
You've come to the right place!
Bethesda, MD is located in Montgomery County and is one of the affluent Washington suburbs. A highly-educated work force and thousands of employers, including the National Institutes of Health and Bethesda Naval Hospital, contribute to this prosperous community. Downtown Bethesda provides a festive urban community featuring a variety of restaurants, live theaters, and art galleries.
Bethesda real estate is very popular among young families interested in buying a home. There are many older, lovely established neighborhoods here, as well as new developments, that are ideal for buying a home for real estate investment. More than any other reason I hear people like to buy Bethesda real estate is because of the access to nationally ranked schools. Close behind are the proximity to D.C. and older established neighborhoods. The average price for homes is reflected in that. Currently for Bethesda real estate sales, at the end of 2007:
If you are thinking of buying real estate in the Washington, D.C. area, put Bethesda on your list of possibilities.
Search listings for homes for sale
If you are considering selling real estate in Bethesda, please take note of the detailed market statistics provided on this site. That will help you to determine accurate pricing based upon the current and past trends. I'm always happy to help you determine what you will need to do to sell your home. Just give me a call...
You've come to the right place to buy Bethesda real estate, or in the popular surrounding areas of Montgomery County. Whether you're looking for a luxury home, a condo, a retirement home, a historic home, a townhome, or anything else in the greater Bethesda area I can help you...
As a local resident, I know the local area and its value, and I keep very detailed market statistics for many of the neighborhoods. Unlike the national trends, Bethesda real estate is still very healthy and well priced homes in great condition still sell in all price ranges. If you are ready to start your search or to sell your home, let me help you understand just what the micro trends mean to you.
This map shows all the areas I serve in Maryland and D.C.:
Bethesda Resources:
"Working with Josette as a real estate agent was an outstanding experience. She was patient, thorough and knowledgeable. Most importantly Josette was genuinely interested in helping us find the right home. We drove away from all of our interactions with Josette thinking about how much we enjoyed working with her. Even other agents commented on what a pleasure she was to work with. To us that spoke volumes about her professionalism and integrity.
We would recommend Josette to anyone."
Aaron & Maura Davis
"Josette made the process of buying a home effortless and stress-free! As a first-time home buyer I was a little nervous but with Josette's guidance I was able to make an informed decision with no regrets. I appreciate that she was so knowledgeable about everything from finances to renovating your home. I can't thank Josette enough for her patience, honesty and determination in helping me get my dream home.
I highly recommend Josette Skilling as a real estate agent to anyone!"
Nancy Bellegarde
"My wife and I recently moved from San Francisco and were very excited at the prospect of purchasing a home in Maryland. We chose to work with several real estate agents in the Montgomery County area to ensure that we found an agent we could work well with and to ensure we had someone who had our interests in mind. We were referred to Josette Skilling by a close family friend; and after our initial meeting, we decided that she was the agent for us.
During our home search, Josette's ability to provide us with detailed information about homes in specific areas helped us narrow our choices. When we chose Clarksburg, Josette made sure we understood the building situation and permitting issues for new construction there. Josette helped to point out possible risks and areas of concern while we moved forward with the home buying process. Her negotiation skills helped us to structure an aggressive offer that was accepted by the seller.
We were very pleased with Josette's efforts during our home buying process. She was accessible, a pleasure to work with, and very professional. She treated our home buying process as if she was buying the home herself. We confidently felt that she was helping us find our perfect home instead of trying to sell us a house.
We would highly recommend Josette Skilling to those searching for their dream home."
Bryan and Lisa Suit
"Josette made the process of buying this home so easy for us even though it was a very difficult transaction with the financing. We love our home and can't wait to make the changes that will make it our own!
We would recommend her as a real estate agent to any of our friends..."
Jen & Mathew
"Jeanne and I had listed our home with another real estate agent and had no success in attracting a buyer. Josette was able to come in and identify the issues which were preventing us from selling and help us to very quickly turn our home into a very saleable product. She worked tirelessly on our behalf, even painting walls and packing boxes! She's a tough taskmaster but it's truly in your best interest to listen to her wisdom - she knows what buyers are looking for and how to make your home show up on their top 3 list. We truly feel Josette was the catalyst in getting our home successfully under contract in 34 days, at a time when the average days on market were over 70. And every detail along the way was taken care of for us all the way up to a very smooth and successful settlement.
We are very thankful for Josette's knowledge and integrity and her ability to help us make good decisions. We recommend her without reservation as the agent who will help you make good decisions and who will always act in your best interests"
Sincerely,
Ed and Jeanne Reedy
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
