BCCDC Real Estate by Marcie Sandalow

East Bethesda MD 20814 Homes for Sale 6/21/13

said on June 21st, 2013 filed under: Bethesda

June Lillies

Update for 6/21/2013. No new listings (and there are only 3 out there). One under contract. No price drops. Not too much excitement.

All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 17 years. I’ve sold real estate in East Bethesda for over 14 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!

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4525 Windsor4525 Windsor Lane, $1,629,000
4BR/5.5FB. 3 levels. Haven’t been in for a look yet, but the pictures are lovely. Built in 2005. Listed with Maryland Home Realty. Days on Market: 9

4315 Chestnut Street4315 Chestnut Street, $1,624,800
Spacious 5BR/4.5FB home backing to golf course. Built in 2005. Lovely deck overlooking endless green. Pretty hardwood floors. Lots of sunshine. Built-ins. 2-car garage. Big old basement. Listed with Long & Foster. Days on Market: 36

Read the rest of this entry »

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East Bethesda MD 20814 Homes for Sale 6/14/13

said on June 14th, 2013 filed under: Bethesda

primroses

Update for 6/13/2013. One new listing.  Nothing under contract. No price drops.  School’s out!

All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 17 years. I’ve sold real estate in East Bethesda for over 14 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!

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4525 Windsor4525 Windsor Lane, $1,629,000
4BR/5.5FB.  3 levels.  Haven’t been in for a look yet, but the pictures are lovely.  Built in 2005. Open Sunday.  Listed with Maryland Home Realty.  Days on Market: 2

4315 Chestnut Street4315 Chestnut Street, $1,624,800
Spacious 5BR/4.5FB home backing to golf course. Built in 2005. Lovely deck overlooking endless green. Pretty hardwood floors. Lots of sunshine. Built-ins. 2-car garage. Big old basement. Listed with Long & Foster. Days on Market: 29

Read the rest of this entry »

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The Evers & Co. May 2013 Real Estate Report

said on June 13th, 2013 filed under: State of the Market

bigstock-Stand-Out-From-The-Crowd-258978The May housing market saw steady growth and continuing strength in the close-in Metro area during this traditionally busy month. Dollar volume of sales was up 23.8% over last May, the average sales price was up 4.8%, and the number of days on the market was down 28.6 %.

With very low inventory and increasing buyer demand, housing prices continue to rise each month. The “shadow inventory” of distressed and foreclosed properties that many forecasters predicted would hit the market last year and this year never occurred, and it will take some time for new construction to feed more product into the marketplace. If interest rates remain relatively low, we can expect these current market conditions to continue for the foreseeable future.

*Statistics are taken from the Metropolitan Regional Information System for three areas: Washington, D.C.; Montgomery County, Maryland; and Fairfax County, Arlington and Alexandria in Virginia.

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East Bethesda MD 20814 Homes for Sale 6/7/13

said on June 7th, 2013 filed under: Bethesda

East West Highway

Update for 6/7/2013. One small price drop.  That’s it!

All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 17 years. I’ve sold real estate in East Bethesda for over 14 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!

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4315 Chestnut Street4315 Chestnut Street, $1,624,800
Spacious 5BR/4.5FB home backing to golf course. Built in 2005. Lovely deck overlooking endless green. Pretty hardwood floors. Lots of sunshine. Built-ins. 2-car garage. Big old basement. Listed with Long & Foster. Days on Market: 22

Read the rest of this entry »

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Hurricane Season starts in June

said on June 1st, 2013 filed under: Just For Fun

Warning hurricane signJune is traditionally the start of summer storm and hurricane season. Take precautions to stay safe, including heeding storm warnings issued by the National Weather Service and taking shelter when appropriate.

A hurricane watch is issued if there is a threat of hurricane conditions within 24-36 hours. A warning is issued when hurricane conditions are expected in a specified area in 24 hours or less. Hurricane conditions include winds of 74 miles per hour (64 knots) or greater, and/or dangerously high tides and waves. Actions to protect life and property should begin immediately when the warning is issued.

Sign up for Alert Montgomery to receive up-to-date information on hurricane watches and warnings and other storms. Alerts can be sent to one or more electronic devices, including cell phones, text pagers and wireless PDAs, along with home and work emails.

See the County’s storm preparedness tips.

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East Bethesda MD 20814 Homes for Sale 5/31/13

said on May 31st, 2013 filed under: Bethesda

0 Lynbrook Park GR7E2623_2Update for 5/31/2013. One new listing hit Sunday, and it’s already under contract. One price drop. 

All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 17 years. I’ve sold real estate in East Bethesda for over 14 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!

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4524 Rosedale 4524 Rosedale Avenue, $899,000
UNDER CONTRACT.  3BR/3FB renovated home with lovely finished basement.  Hit the market Sunday, under contract by Wednesday.  So fast, I didn’t get to see it.  Judging by photos, location, and amenities, it was priced right.  Listed with Long & Foster. Days on Market: 4

4315 Chestnut Street4315 Chestnut Street, $1,624,800
Spacious 5BR/4.5FB home backing to golf course. Built in 2005. Lovely deck overlooking endless green. Pretty hardwood floors. Lots of sunshine. Built-ins. 2-car garage. Big old basement. Listed with Long & Foster. Days on Market: 15

Read the rest of this entry »

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East Bethesda MD 20814 Homes for Sale 5/24/13

said on May 24th, 2013 filed under: Bethesda

begoniasUpdate for 5/24/2013. No new listings. One price drop.  One under contract. Not much action expected this Memorial Day weekend. 

All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 17 years. I’ve sold real estate in East Bethesda for over 14 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!

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4315 Chestnut Street4315 Chestnut Street, $1,624,800
Spacious 5BR/4.5FB home backing to golf course. Built in 2005. Lovely deck overlooking endless green. Pretty hardwood floors. Lots of sunshine. Built-ins. 2-car garage. Big old basement. Days on Market: 8

Read the rest of this entry »

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Multiple Migraines

said on May 20th, 2013 filed under: Information for Buyers, Information for Sellers, Just For Fun

real estate stressWith all the hoopla going on in the media about the lack of inventory and multiple offers, there is little talk out there about the STRESS that occurs when listings go viral. Buyers are certainly feeling the stress. That’s a given. But it can be a real drain on the emotions for both sellers and their agents. Surprise, surprise.

Cati and I have had three listings hit the market over the past few weeks. In each situation we had multiple offers (3, 5 and 6 to be precise). So, why are we often feeling nauseous?

  • Open house guilt. We get to meet a lot of the bidders first hand. We see them oohing and ahhing, taking measurements, walking the perimeter, picking out rooms with their kids. We kind of get to know them. And like them.
  • Pre-inspection guilt. Sure, we’re keeping the home inspectors employed, but some folks will be spending their money for nothing. Nada. Zilch. Only one party can get the house.
  • 2005 all over again? We were both in the business the last time things got out of hand. No inspections, Read the rest of this entry »

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East Bethesda MD 20814 Homes for Sale 5/17/13

said on May 17th, 2013 filed under: Bethesda

Update for 5/17/2013.  Two new listings and one is already under contract.  No price drops.

All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 17 years. I’ve sold real estate in East Bethesda for over 14 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines (and please keep in mind that these are not all of my own listings), I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!

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4315 Chestnut Street4315 Chestnut Street, $1,624,800
Spacious 5BR/4.5FB home backing to golf course.  Built in 2005.  Lovely deck overlooking endless green.  Pretty hardwood floors.  Lots of sunshine.  Built-ins.  2-car garage.  Big old basement.  Days on Market: 1

7909 Lynbrook Drive7909 Lynbrook Drive, $675,000
UNDER CONTRACT.  Sorry- this one came and went in-between postings. 3BR/2FB colonial with family room addition.  Needed some updates, but great bones, and fabulous location.  Just steps from Lynbrook Park.  Days on Market: 3

Read the rest of this entry »

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The April 2013 Evers & Co. Real Estate Report

said on May 15th, 2013 filed under: State of the Market

The real estate market in the close-in Metro area continues to move at a robust pace with dollar volume of sales up 21% over last April and average sales price up 6%. The number of days on the market was down a significant 35% compared to last April as more buyers enter this very competitive DC area marketplace.

The biggest news to come out this month in the greater Metro market is the incredibly low 1.9 months supply of inventory! To get some perspective, a 6-month supply is considered normal in many parts of the country. This acute shortage is likely to continue throughout 2013, because even though more sellers are entering the market, they are greatly outnumbered by enthusiastic buyers, who have renewed confidence in the housing market and who want to take advantage of the record low interest rates and the variety of favorable mortgages available.

* Statistics are taken from the Metropolitan Information System for three areas: Washington, D.C., Montgomery Country, Maryland; and Fairfax County, Arlington and Alexandria in Virginia.

 

 

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