In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer .
Bethesda Market Statistics November 2015 Through October 2016
Dated: November 12 2016
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Altogether, the charts below give you a good overview of the performance of the Bethesda real estate market over the past 12 months.
The chart below shows the average sales price by property type.
The chart below shows the monthly number of closed detached home sales, new detached home listings and average number of detached homes listed.
The chart below shows the average number of days on the market for each type of home sold.
Months of Supply is how long it would take for all of the homes listed for sale at one time to sell at the current rate of sales. The chart below shows the year over year percent change over the last 12 months.
Charles Chapman
Charles Chapman has more than 20 years' experience in the Montgomery County real estate market. He has been a full-time agent through rising markets and good times, and also through falling markets an....
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