Bethesda Real Estate News & Market Updates for the week of 10/17/2012

 

There are currently 272 Properties currently available in Bethesda Maryland for Montgomery County in Maryland

 

Psst. . mortgages rates are at record lows


With mortgage rates at or near record lows and prices rolled back, we are puzzled finding buyers that are still waiting for the market to drop some more.. .well. you are in for a lonnnnng wait!

An inventory shortage has whipped up a feeding frenzy in our local market. .specially in the lower range properties. With bidding wars and price increases coming from apartment renters that are finding that mortgage payments are LOWER than their monthly rental bill. .is a no brainier!

As a broker, I ask myself if  this pressure is justified? 
Would most buyers be better served by waiting?

Absolutely not!

Check the chart below.. 

rEAL eSTATE

Year over Year (YoY) statistics are on the positive side in all aspects of the market today, 

The only thing were there is a negative gain. . is  the DAYS ON THE MARKET!
Things are selling quicker now. .I can assure you.

Everything points that the market is in the upswing!

HOMES
The most dramatic data for September 2012 is the comparison of month to month from last year.
Look at the Sold Dollar Volume over 16% higher than last year.

Even the average Sold Price shows almost a 10% jump over last year. .That is good news if you are a seller. . .

HOUSES

The inventory declined to record lows in the last 12 months,if you are waiting to buy. . pay attention to this critical number 

The number of LISTINGS!

The market in 2008 when everything started to unravel.. we had 12,908 ACTIVE LISTINGS THEN
Now?
From 2008 to 2012, we have only 4500 ACTIVE LISTINGS!
Homes are selling because ..the interest rates are low and inventory is at record lows!



Search All Bethesda Homes For Sale here

The most expensive active home for sale in Bethesda is:

5104 MOORLAND LANE, Bethesda MD 20814

$9,500,000

5104 MOORLAND LANE, Bethesda

MAJOR Edgemoor estate on .5 acres just steps from Downtown Bethesda. Built in 2008 using only the finest materials, this 16,000 sq...

  • Beds 9
  • Baths 11.0
  • MLS MC7853702

The least  expensive active home for sale in Bethesda is:

5225 POOKS HILL ROAD Unit #603S, Bethesda MD 20814

$145,000

5225 POOKS HILL ROAD Unit #603S, Bethesda — Promenade Towers

1 BR w/ newer appliances, ceramic kit flr and ceramic in bath. Needs some TLC, so well-priced w/ 3rd party approval reqd. " As-is...

  • Beds 1
  • Baths 1.0
  • MLS MC7809604
  • SqFt. 630

 

Foreclosure active homes for sale in Bethesda:

10320 WESTLAKE DRIVE Unit #E103, Bethesda MD 20817

$225,000?

10320 WESTLAKE DRIVE Unit #E103, Bethesda — West Spring

Bank-owned 3 BR 2.5 BA end condo w/1340 sq.ft. @great price! Features:parquet hdwd flrs. in LR, DR, & MBR; spacious kit.w/center i...

  • Beds 3
  • Baths 3.0
  • MLS MC7931297
  • SqFt. 1,340

 

Latest Listings in Bethesda Maryland as of 10/17/2012

 

5104 MOORLAND LANE, Bethesda MD 20814

$9,500,000

5104 MOORLAND LANE, Bethesda

MAJOR Edgemoor estate on .5 acres just steps from Downtown Bethesda. Built in 2008 using only the finest materials, this 16,000 sq...

  • Beds 9
  • Baths 11.0
  • MLS MC7853702

 

7224 ARROWOOD ROAD, Bethesda MD 20817

$7,250,000

7224 ARROWOOD ROAD, Bethesda

Absolutely incredible french country masterpiece designed by mark sullenberger and built by sandy spring builders. Unparalleled fi...

  • Beds 7
  • Baths 11.0
  • MLS MC7813271

 

7013 NATELLI WOODS LANE, Bethesda MD 20817

$6,999,999

7013 NATELLI WOODS LANE, Bethesda

Nothing compares! Builder says 35,000 gross sq ft.12 ensuite Bedrms.17 Baths.2-stry master suite.Palatial foyer(37' ceil).6 Kitche...

  • Beds 12
  • Baths 17.0
  • MLS MC7389628
  • SqFt. 35,000

 

7016 NATELLI WOODS LANE, Bethesda MD 20817

$5,995,000?

7016 NATELLI WOODS LANE, Bethesda

Truly spectacular "piece de resistance" by highly acclaimed builder as his personal residence.incredibly designed with imported hi...

  • Beds 6
  • Baths 10.0
  • MLS MC7557744

 

10 WISSIOMING COURT, Bethesda MD 20816

$5,900,000

10 WISSIOMING COURT, Bethesda

Stunning, sophisticated AIA 2008 Award Winning Custom Contemporary designed by Robert Gurney perched on palisades of the Potomac R...

  • Beds 4
  • Baths 8.0
  • MLS MC7884358
  • SqFt. 8,000

 

24 WISSIOMING COURT, Bethesda MD 20816

$5,500,000?

24 WISSIOMING COURT, Bethesda

Huge price reduction on this extraordinary contemporary that's sighted on a private hilltop rd w/river views. This 10,000 sf origi...

  • Beds 4
  • Baths 7.0
  • MLS MC7734183
  • SqFt. 10,000

 

8506 COUNTRY CLUB DRIVE, Bethesda MD 20817

$4,200,000

8506 COUNTRY CLUB DRIVE, Bethesda

many recent upgrades to this elegant home situated on a gorgeous 2 acre lot backing to Congressional Country Club's gold course. M...

  • Beds 6
  • Baths 9.0
  • MLS MC7933028

 

7109 ARMAT DRIVE, Bethesda MD 20817

$3,495,000

7109 ARMAT DRIVE, Bethesda

Incredible french normandy estate home with gated entry + courtyard. Exquisite formal rooms with exquisite custom millwork and uni...

  • Beds 8
  • Baths 10.0
  • MLS MC7803345
  • SqFt. 12,000

 

7107 ARROWOOD ROAD, Bethesda MD 20817

$3,350,000

7107 ARROWOOD ROAD, Bethesda

Superb stone/stucco country manor estate in sought-after Arrowood sited on over 1 ac.lot with exquisite mature plantings and a mag...

  • Beds 6
  • Baths 9.0
  • MLS MC7931175

 

9101 BURDETTE ROAD, Bethesda MD 20817

$3,250,000

9101 BURDETTE ROAD, Bethesda

Beautiful corner lot, this house is built with the highest standards in mind, 7 BRs, 6.2 BAs, 2 Kitchens, Elevator, Media Room, ma...

  • Beds 7
  • Baths 8.0
  • MLS MC7946064

 

6750 GREENTREE ROAD, Bethesda MD 20817

$3,250,000

6750 GREENTREE ROAD, Bethesda

Smashing & unique renovation of this classic red brick colonial w/ attached guest house. Gourmet kitchen, family room w/ vaulted c...

  • Beds 8
  • Baths 9.0
  • MLS MC7819585

 

6500 BRADLEY BOULEVARD, Bethesda MD 20817

$3,150,000

6500 BRADLEY BOULEVARD, Bethesda

Original "gelman" contemporary on exquisite and unique three and a half acre lot(4 parcels) with guest house, "hollywood" style po...

  • Beds 4
  • Baths 7.0
  • MLS MC7869652

 

8106 MERRICK ROAD, Bethesda MD 20817

$2,999,500?

8106 MERRICK ROAD, Bethesda

EXQUISITE country manor house located in a private enclave of several of the finest homes in Bethesda. The discrete facade opens t...

  • Beds 5
  • Baths 5.0
  • MLS MC7578505

 

7012 BRADLEY BOULEVARD, Bethesda MD 20817

$2,990,000?

7012 BRADLEY BOULEVARD, Bethesda

Elegant custom estate with details unmatched with its dramatic appeal and spectacular entertainment flow. Majestic qualities of th...

  • Beds 7
  • Baths 8.0
  • MLS MC7629787
  • SqFt. 14,711

 

9203 REDWOOD AVENUE, Bethesda MD 20817

$2,950,000

9203 REDWOOD AVENUE, Bethesda

Location and luxury in15,000 sq. ft. of elegance and privacy. Marble abounds throughout foyer, formal DR, kitchen, and baths. Cath...

  • Beds 7
  • Baths 9.0
  • MLS MC7822641

 

6430 BRADLEY BOULEVARD, Bethesda MD 20817

$2,895,000

6430 BRADLEY BOULEVARD, Bethesda

ELEGANCE The grandeur of curved rooms overlooking the most spectacular private grounds in Bethesda- almost a 1/2 acre of paradis...

  • Beds 7
  • Baths 10.0
  • MLS MC7853366

 

6817 CAPRI PLACE, Bethesda MD 20817

$2,795,000

6817 CAPRI PLACE, Bethesda

NEW LISTING! Magnificently renovated, 6BR/6.5BA/3-car garage. Approx 8700sf on perfectly sited/fenced approx 1.5 acres. Floor plan...

  • Beds 6
  • Baths 7.0
  • MLS MC7945640

 

8713 BURDETTE ROAD, Bethesda MD 20817

$2,750,000?

8713 BURDETTE ROAD, Bethesda

Outstanding, on a cul-de-sac. Foyer w/circular stairs.Over the top, huge Clive Chrstian gourmet ktchn open to grand family room w/...

  • Beds 6
  • Baths 8.0
  • MLS MC7857030
  • SqFt. 9,576

 

5320 WAPAKONETA ROAD, Bethesda MD 20816

$2,700,000

5320 WAPAKONETA ROAD, Bethesda

Superb, elegant custom craftsmanship in this 9300 sq ft home home. High end finishes and a floor plan with entertaining in mind a...

  • Beds 7
  • Baths 7.0
  • MLS MC7946754

 

6501 CURRY MANOR COURT, Bethesda MD 20817

$2,700,000

6501 CURRY MANOR COURT, Bethesda

BEAUTIFUL GATED ESTATE w/6BR/7FB/3HB desgnd for LrgeScale-ModrnLivng! Featrs include: 6 FPs, Grmt Eat-in Kitch w/hi-end applncs, f...

  • Beds 6
  • Baths 10.0
  • MLS MC7937856

 

8023 ABERDEEN ROAD, Bethesda MD 20814

$2,674,000?

8023 ABERDEEN ROAD, Bethesda

STUNNING-Amazing new home w/ 8,600 total sq ' on tree lined street in English Village. 42" subzero, Wolf, Thermador, 2 Bosch dw. K...

  • Beds 6
  • Baths 8.0
  • MLS MC7814566
  • SqFt. 7,282

 

5602 DURBIN ROAD, Bethesda MD 20814

$2,595,000

5602 DURBIN ROAD, Bethesda

Award winning Tulacro Development Custom Home, 3 yrs young, walk to Bethesda, high end finishes, great mud room, gourmet kitchen, ...

  • Beds 7
  • Baths 7.0
  • MLS MC7946199
  • SqFt. 7,789

 

6616 LYBROOK COURT, Bethesda MD 20817

$2,495,000

6616 LYBROOK COURT, Bethesda

7605 sq ft on 3 fin lvls! NEW home Sandy Spring Builders on 1/2 ac feats 5 BR's, 5 Full & 2 HBA + 3 car garage. Gourmet chef's ki...

  • Beds 5
  • Baths 7.0
  • MLS MC7932180
  • SqFt. 7,605

 

7001 CRAIL DRIVE, Bethesda MD 20817

$2,495,000

7001 CRAIL DRIVE, Bethesda

Designed by the master of Post-modern architecture, Charles Moore, this award-winning home is a must-see. W/ soaring spaces, tons...

  • Beds 5
  • Baths 4.0
  • MLS MC7881174

 

5404 BRADLEY BOULEVARD, Bethesda MD 20814

$2,495,000?

5404 BRADLEY BOULEVARD, Bethesda

Terrific new price! Exquisite 1.45 acres with potential as a site for your new dream home or to renovate existing 1938 classic c...

  • Beds 5
  • Baths 5.0
  • MLS MC7801885
  • SqFt. 3,686

 

9412 ROSEHILL DRIVE, Bethesda MD 20817

$2,375,000?

9412 ROSEHILL DRIVE, Bethesda

Exquisite Luxury Home,approx.9000 sq.ft.located in Bethesda,MD.,7 Luxurious BR Suites w/7 adjoining FB,WIC, Formal LR & DR,2 Story...

  • Beds 7
  • Baths 7.0
  • MLS MC7287728
  • SqFt. 9,000

 

5113 WEHAWKEN ROAD, Bethesda MD 20816

$2,349,000?

5113 WEHAWKEN ROAD, Bethesda

High End Custom home built by Award winning Tulacro Development, 7400 s.f. of Luxury, Elevator,Generator,Patio,Coffered Ceiling,Wo...

  • Beds 7
  • Baths 7.0
  • MLS MC7853657
  • SqFt. 9,206

 

8801 CLEWERWALL DRIVE, Bethesda MD 20817

$2,300,000?

8801 CLEWERWALL DRIVE, Bethesda

Custom built by a local builder for his own family. Solid brick colonial with embassy sized rooms and great flow for entertaining....

  • Beds 6
  • Baths 8.0
  • MLS MC7795135
  • SqFt. 5,000

 

5840 MARBURY ROAD, Bethesda MD 20817

$2,299,000

5840 MARBURY ROAD, Bethesda

Exceptional new home on Bethesda's prettiest 1/2 acre backing to Kenwood's Golf Course. Award winning builder delivers high end fi...

  • Beds 5
  • Baths 6.0
  • MLS MC7921656
  • SqFt. 6,100

 

6506 BROOKES HILL COURT, Bethesda MD 20816

$2,250,000

6506 BROOKES HILL COURT, Bethesda

Open Sunday 1-3! Stunning Contemporary! Minutes to DC, this 5Bed 5.5Bath has Amazing Sunset Views, a 40' Custom Pool and Tons of...

  • Beds 5
  • Baths 5.0
  • MLS MC7923014



The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than Real Estate Company. are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. All listing information copyright MRIS 2012. Last updated: October 15, 2012

 

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Bethesda Real Estate News & Market Updates for the week of 10/17/2012