Bethesda 20817 Market Report, June 2010

Market watch light blue
In June of 2010 there were 58 homes that closed within the month for 20817 Bethesda, Maryland.  This was a decrease of 11 units, as there were 69 homes that closed in June of 2009.

The average list price for homes that closed in June of 2009 was $914,899
The average list price for homes that closed in June of 2010 was $882,389

The average sale price for the homes that closed in June 2009 was $853,259
The average sale price for the homes that closed in June 2010 was $840,795

The average Days on Market for homes that closed in June 2009 was 72 days.
The average Days on Market for homes that closed in June 2010 was 50 days.

53 homes went under contract in 20817 Bethesda in the month of June 2010.  The average list price of homes that went under contract was $891,494.  The average Days on Market for these 20817 Bethesda homes was 40 days.

January – December 2008 & 2009 Market Statistics for 20817 Bethesda, MD

In 20817 Bethesda, MD for the period of January to December 2008 there were 396 properties sold.
In 20817 Bethesda, MD for the period of January to December 2009 there were 432 properties sold.

In 20817 Bethesda, MD for the period of January to December 2008 the average list price was $1,049,400, the average sales price was $967,839 and the average Days on Market was 80.9 days.

In 20817 Bethesda, MD for the period of January to December 2009 the average list price was $919361, the average sales price was $839,526 and the average Days on Market was 89.24 days.

So, what does all of this mean?

Honestly, the market appears to be leveling out.  The gap between list and sales price has improved/lessened in 2010 by roughly $20,000.  The days on market continue to improve.  Inventory remains low.  I predict that  July will be much the same.

May Report
April Report