Bethesda & Chevy Chase Luxury Home Sales Market Stats

Bethesda & Chevy Chase Luxury Homes & Property  Market Stats (Zip Codes 20814, 20816, 20815, 20817)**

Just a quick comparison of Luxury homes* in the Greater Bethesda area using data from the first half of the year 2008 vs. 2009. 

  2008 2009
Number of Homes Sold    171 136
Average Sold Price*  $1,522,565 $1,435,340
Median Sold Price*  $1,350,000 $1,247,500
Average Days on Market*  76 78
Average Sales Price as a % of Ave. List Price*         95% 93%
Number Sold over $2M    20 17
Per MRIS Data

**For purposes of this report, "Luxury" was defined by any home sold for over $1,000,000


***Although Glen Echo (20812) and Cabin John (20818) are Bethesda zip codes, we often separate these two areas out for separate analysis.  For those of you who would like to see this data included or as a separate reports, feel free to leave a reply or contact Kevin Koitz ([email protected]).


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