Photos from Bethesda Real Estate Sales ~ Josette Skilling
Westmoreland Park in Bethesda is a great place for kids to play as well as use the fields for baseball and soccer.Located in: Bethesda, MD
The story seems to be same: inventory is up and sales are down! This is a good visual that shows just how wide the margin is. I am trying to get the historical data for listings in Montgomery County out of our MLS system so I can show the difference between the seller's market years and today. You can already see the convergence at the 2005 end where there was far less disparity between what was available vs what was selling. The numbers this chart represents are:
The listings are distributed in Montgomery County according to the following chart:
| Zip Code | City | # of Active | Average List Price |
20906 | Silver Spring | 490 | $325,824 |
20874 | Germantown | 404 | $376,319 |
20886 | Gaithersburg | 267 | $297,537 |
20878 | Gaithersburg | 251 | $487,139 |
20904 | Silver Spring | 206 | $464,683 |
20902 | Silver Spring | 205 | $411,215 |
20877 | Gaithersburg | 197 | $358,211 |
20854 | Potomac | 190 | $1,784,008 |
20879 | Gaithersburg | 185 | $386,263 |
20876 | Germantown | 184 | $399,671 |
20850 | Rockville | 176 | $569,656 |
20852 | Rockville | 154 | $471,932 |
20901 | Silver Spring | 146 | $443,012 |
20817 | Bethesda | 136 | $1,329,584 |
20853 | Rockville | 129 | $472,834 |
20814 | Bethesda | 108 | $945,816 |
20871 | Clarksburg | 108 | $591,497 |
20905 | Silver Spring | 94 | $650,762 |
20912 | Takoma Park | 92 | $395,672 |
20866 | Burtonsville | 91 | $388,922 |
20815 | Chevy Chase | 89 | $1,145,925 |
20832 | Olney | 85 | $492,288 |
20910 | Silver Spring | 85 | $480,468 |
20882 | Gaithersburg | 82 | $733,681 |
20895 | Kensington | 82 | $646,279 |
20872 | Damascus | 75 | $536,185 |
20851 | Rockville | 61 | $405,324 |
20903 | Silver Spring | 59 | $423,966 |
20855 | Derwood | 49 | $603,190 |
20816 | Bethesda | 41 | $1,447,434 |
20841 | Boyds | 37 | $703,716 |
20833 | Brookville | 33 | $896,067 |
20837 | Poolesville | 33 | $891,327 |
20861 | Ashton | 14 | $935,053 |
20868 | Spencerville | 10 | $831,935 |
20860 | Sandy Spring | 8 | $1,044,463 |
20818 | Cabin John | 6 | $1,153,250 |
20842 | Dickerson | 6 | $1,253,950 |
20896 | Garrett Park | 4 | $1,029,100 |
20707 | Laurel | 3 | $689,900 |
20838 | Barnesville | 3 | $1,133,367 |
20862 | Brinklow | 2 | $999,995 |
20880 | Washington Grove | 2 | $586,250 |
21771 | Mt. Airy | 2 | $627,000 |
20783 | Adelphi | 1 | $499,900 |
20839 | Beallsville | 1 | $700,100 |
(1/15/08) Information Source: MRIS - Information is deemed reliable but not guaranteed.
For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real EstateJosette Skilling
Long & Foster Real Estate, Inc.
4733 Bethesda Avenue
Bethesda, MD 20814
301-385-9213 (cell)
240-497-1700 (office)
Disclaimer: The opinions expressed by The Activerain Network and its members and those providing comments are theirs alone, and do not reflect the opinions of Josette Skilling or Long & Foster Real Estate, Inc. Josette Skilling and Long & Foster Real Estate, Inc. are not responsible for the accuracy nor the content provided by the community.
(BETHESDA REAL ESTATE)
| Status | Close Date | Original Price | Price at Sale | Sold Price | Discount | Subsidy | DOM | Address | Subdivision |
| SOLD | 11/14/2007 | $495,000 | $495,000 | $495,000 | 100% | $0 | 7 | 4849 CRESCENT ST | CRESTVIEW |
| SOLD | 11/30/2007 | $629,000 | $629,000 | $629,000 | 100% | $0 | 7 | 4001 61ST ST | BROOKMONT |
| SOLD | 11/8/2007 | $750,000 | $750,000 | $728,000 | 97% | $14,000 | 39 | 6209 MASSACHUSETTS AVE | WOODACRES |
| SOLD | 11/14/2007 | $1,195,000 | $1,195,000 | $1,130,000 | 95% | $0 | 20 | 5103 DUVALL DR | WESTMORELAND HILLS |
| SOLD | 11/19/2007 | $1,495,000 | $1,295,000 | $1,260,000 | 84% | $0 | 25 | 4303 TORCHLIGHT CIR | WESTMORELAND HILLS |
| SOLD | 11/19/2007 | $1,299,995 | $1,299,995 | $1,275,000 | 98% | $0 | 17 | 5212 FARRINGTON RD | WESTMORELAND HILLS |
| SOLD | 11/12/2007 | $1,375,000 | $1,375,000 | $1,355,000 | 99% | $0 | 15 | 4400 CHALFONT PL | WESTMORELAND HILLS |
| SOLD | 11/9/2007 | $1,725,000 | $1,725,000 | $1,600,000 | 93% | $2,500 | 38 | 5323 CARVEL RD | WESTMORELAND HILLS |
| SOLD | 11/15/2007 | $1,739,500 | $1,739,500 | $1,685,000 | 97% | $0 | 20 | 5905 CARLTON LN | GLEN MAR PARK |
| SOLD | 11/15/2007 | $1,798,500 | $1,729,500 | $1,692,310 | 94% | $0 | 96 | 5517 POLLARD RD | SPRINGFIELD |
| SOLD | 11/2/2007 | $1,850,000 | $1,795,000 | $1,775,000 | 96% | $0 | 50 | 5220 NAHANT ST | GLEN MAR PARK |
| SOLD | 11/30/2007 | $2,295,000 | $2,295,000 | $2,219,096 | 97% | $0 | 172 | 4102 MARYLAND AVE | BROOKMONT |
The last four houses on the list are all rebuilt homes and that upper bracket is helping to drive the median and average price up to the highest median price change we've seen all year. The low sale of $495,00 is one of two this year at that price range - cute little, and I mean little, ramblers with one or two bedrooms. But for someone who likes the area and its proxmity to downtown Friendship Heights, it's better than a condo! The lot is very small at 4000 sq ft or so so it's unlikely a very large home will go up there but it's well below what a home costs in this zip code and has some room to get a bit bigger.
Note the discount column... On average the sellers were getting close to their price except for Torchlight, which sold for very close to its price at the time of sale. They were lucky to overcome that and still sell in a relatively short 25 days, a testament to the lure of Westmoreland Hills. Had it been somewhere else they might have languished for months with that kind of pricing error.
Overall days on market are not too bad with an average of 42 and many homes selling in under a month. While less inventory is being moved, what is there seems to be holding its own.
(12/10/07) Information Source: MRIS - Information is deemed reliable but not guaranteed.
For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real EstateJosette Skilling
Long & Foster Real Estate, Inc.
4733 Bethesda Avenue
Bethesda, MD 20814
301-385-9213 (cell)
240-497-1700 (office)
Disclaimer: The opinions expressed by The Activerain Network and its members and those providing comments are theirs alone, and do not reflect the opinions of Josette Skilling or Long & Foster Real Estate, Inc. Josette Skilling and Long & Foster Real Estate, Inc. are not responsible for the accuracy nor the content provided by the community.
(BETHESDA REAL ESTATE)
| Status | Close Date | Original Price | Price at Sale | Sold Price | Discount | Subsidy | DOM | Address | Subdivision |
| SOLD | 12/14/2007 | $625,000 | $625,000 | $625,000 | 100% | $0 | 16 | 6200 CRATHIE LN | FAIRWAY HILLS |
| SOLD | 12/19/2007 | $749,000 | $699,000 | $699,000 | 93% | $0 | 22 | 6210 VORLICH LN | FAIRWAY HILLS |
| SOLD | 12/28/2007 | $729,500 | $699,500 | $700,000 | 96% | $0 | 24 | 5902 NAMAKAGAN RD | GLEN MAR PARK |
| SOLD | 12/31/2007 | $769,000 | $769,000 | $769,000 | 100% | $3,660 | 6 | 5314 YORKTOWN RD | GREENACRES |
| SOLD | 12/17/2007 | $1,275,000 | $1,275,000 | $1,200,000 | 94% | $0 | 12 | 5306 ELLIOTT RD | WESTMORELAND HILLS |
| SOLD | 12/18/2007 | $1,450,000 | $1,450,000 | $1,400,000 | 97% | $2,500 | 77 | 4502 BOXWOOD RD | WESTMORELAND HILLS |
What Does it Mean?
The neighborhoods covered by this report are:
Maybe they all took Christmas off this year?? Last month I wondered if the price increase would be maintained over December and it looks like it didn't... Almost every number is down including days on market which are cut in half from last year. If you notice, though, they are getting more as a % of their sales price this year as compared to last year. With the exception of Boxwood, everything sold relatively quickly (the average in the county for the month was 118 DOM). Sales volume and units sold were down about 40% from this time last year throughout the county, so Bethesda trended a bit worse than the average there.
Luckily the trend for the 4th quarter still shows a median and average price increases, albeit fewer sales and less sales volume:
(1/10/08) Information Source: MRIS - Information is deemed reliable but not guaranteed.
For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real EstateJosette Skilling
Long & Foster Real Estate, Inc.
4733 Bethesda Avenue
Bethesda, MD 20814
301-385-9213 (cell)
240-497-1700 (office)
Disclaimer: The opinions expressed by The Activerain Network and its members and those providing comments are theirs alone, and do not reflect the opinions of Josette Skilling or Long & Foster Real Estate, Inc. Josette Skilling and Long & Foster Real Estate, Inc. are not responsible for the accuracy nor the content provided by the community.
(MONTGOMERY COUNTY REAL ESTATE) Foreclosures continue to be a hot topic in our region, though in Montgomery County we are still not so deeply affected as those states where economic decline or rampant speculation took place. Of the 4451 active homes for sale in Montgomery County, 406 of them have some distress words attached to their listing: foreclosure, short sale, REO, bank owned, or third party approval needed. About 11%.
In late October when I ran this data last, I didn't use the term third party approval in my original data so the numbers reported were a bit lower. The actual was 5000 homes for sale and 498 homes for sale with some sort of distress terms in the listing. About 10%.
What does this mean?
There are many factors to consider before making an investment purchase. I can help you get the rest of the story...
Data current as of 1/3/2008 Source MRIS deemed reliable but not guaranteed.
For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real Estate.
Josette Skilling
Long & Foster Real Estate, Inc.
4733 Bethesda Avenue
Bethesda, MD 20814
301-385-9213 (cell)
240-497-1700 (office)
Disclaimer: The opinions expressed by The Activerain Network and its members and those providing comments are theirs alone, and do not reflect the opinions of Josette Skilling or Long & Foster Real Estate, Inc. Josette Skilling and Long & Foster Real Estate, Inc. are not responsible for the accuracy nor the content provided by the community.
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Whether you are buying or selling 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.
I'm a long time Maryland resident and I work mostly in Montgomery County and DC. A lot of my work is in Bethesda, Silver Spring, Chevy Chase and Kensington. Bethesda Naval Hospital is a prime spot for relocating military families or civilians with jobs at that facility and as such the areas surrounding it have much to offer.
For those of you who know me, you know I'm a straight shooter and don't sugar coat the advice and news you are getting. I understand that buying or selling a home is stressful; after all, it is the biggest financial transaction most of us make in our lives. But it's important to have a little fun along the way and being fully informed and comfortable with your decisions will make your transaction an enjoyable one. Nothing is more satisfying for me than for you to realize your dreams and that is why I enjoy the heck out of every day...
My passion is talking about real estate, whether it's for your home today or in the coming year or two. Many of you say you don't want to bother me too early in the process but believe me it's no bother. In fact calling me early can save you time and money by helping you make the right choices all along the way. Starting early is a great thing and you will not be wasting my time! Many of my clients have plans one or two years out but they are making changes now based on our early start to their future.
I find that my primary job is to listen. In listening I find out what my clients need and can help them make good decisions to get to their goals, whether in Bethesda or other parts of Montgomery County. It's not about me at all or what I've done in the past, what my clients really want is to get their problems solved! Knowing the market well and being able to handle the analysis of local data really let me give my clients enough information so they price well.
More than anything else I do, this is the critical step that allows all the rest of the marketing efforts to be succesful for the sale of real estate in Bethesda. So I can never overstate the importance of helping people make good decisions about the most important financial transactions of their lives.
In our current real estate market it's imperative for sellers to understand that while it's always about location, location, location now it's really about condition, condition, condition in almost an equal portion. With literally hundreds of choices buyers need to have your property on their #1,2, or 3 best list. And to get there it takes a team effort. When sellers do their part to clean, repair, neutralize and present their property they set the stage for me to be successful at marketing to a very broad range of buyers from print advertising to a heavy Internet presence. A home that is presented beautifully in photographs and visual tours invites buyers in!
Call me today so that we can start our real estate journey together...
Josette Skilling, Real Estate Professional
Long & Foster Real Estate, Inc.
4733 Bethesda Avenue
Bethesda, MD 20814
301-385-9213 (cell)
240-497-1700 (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
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