With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four
Market Statistics For 2015 Bethesda And Montgomery County
Dated: January 14 2016
Bethesda - 2015 compared to 2014
Average sold price is up by 3.33%
Median sold price is up by 4.43%
Average list price for solds is up by 3.61%
Number of homes sold is up by 10.44%
Bethesda - 2015 - number of days on the market (DOM), All Homes
0 DOM = 97 homes
1-10 DOM = 337 homes
(So in the first ten days on the market, 434 homes sold)
11+ DOM = 708 homes
That means that 38% of homes sold in Bethesda are sold by the time they've been on the market for 10 days.
Buyers need an agent who is on top of the Bethesda market, and we often know about homes prior to them coming on the market.
Bethesda - December 2015 Market Report - Detached Homes
Montgomery County - 2015 Market Report
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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