Market Trends

Bethesda Real Estate Report (20814 Zip Code)

Bethesda Homes in 20814 - A Tale of two Quarters

Bethesda Real Estate Report (for 20814 Zip Code)

This market report draws on data from the Downtown Bethesda area, its surrounding suburbs, and a small pocket of properties to the north. As I've noted before in previous Bethesda (20814) reports, this area is an especially difficult area to analyze because of the diversity of property types and price-points. From Multi-million dollar properties in the luxurious Downtown Bethesda suburb, Edgemoor, to the low $500Ks to the in the northern part of the zip code. Please don't get me wrong, $500,000 is by no means a bargain by anyone's standards, just pointing out the "relativity of things" in this extraordinary and diverse zip code :-)

Bethesda Homes and Property Report (20814) - Comparing "Final Quarter Stats" in 2007 vs. 2008 

  2007 2008
Number of Homes Sold    37 49
Average Sold Price*  $944,391 $822,168
Average Days on Market*  62 70
Average Sales Price as a % of Ave. List Price*         97% 96%
Number Sold over $1M    ...

Eating My Words...And Where Are Prices Going?

It's been quite a few days since I've posted here at but that's not to say I haven't been chiming in on Washington DC area real estate issues elsewhere.  Since I just write the blogs and Kevin puts them online, I'm not sure where they go!  But he assured me you'd find a couple of my newer posts at my REW blog.  Here's a quick summary of some of this most recent content. 

Last week, I wrote an article confessing to have erred in a previous post in which I predicted a quick sale on a certain Bethesda home and what exactly my misstep said about the ever-changing market.  Titled "My Bethesda Real Estate Prediction - Eating My Words", it's a fun and quick read!

I followed up my concession of failure (!) with a post I hope you’ll all read titled

"Washington DC Real Estate Housing Prices…where are they going?"It speaks to Metropolitan area real estate and how everyone has a different take on what the futures holds. What’s most fun in this article is taking a look back at previous predications from “experts” – it helps put everything into context.

Stay tuned for more market reports here and at my REW blog and a new post I’m starting to research regarding the new conforming loan limit.  Stay warm out there!


Washington DC Real Estate Report (Zip Code 20008)

| Washington DC Real Estate Sales Report (20008 Zip Code) |

A look into the Washington DC area real estate market through examining micro-markets. This market report centers on data from the NW Washington DC 20008 zip code in January 2007 and January 2008. This affluent area includes a variety of different sub-divisions. Some of the more recognized include Kalorama, Forest Hills, Woodley Park, and portions of both Cleveland Park and Dupont Circle. Here's a review and breakdown:

Washington DC Single Family Homes (Zip Code 20008)

  January 2007 January 2008
Number of Homes Sold
8 8
Total Sold Dollar Volume 
Average Sold Price* 
Average Days on Market*       
56 82
Ave. Sales Price as a % of Ave List Price* 95% 94%
Number Sold over $1 M 
3 5**

Kensington MD Real Estate Real Estate Report (Zip Code 20895)

Kensington Real Estate Sales Report

A look into the Washington DC area real estate market through examining micro-markets.  In this specific case, we compared home sales data in Kensington Maryland homes (a close-in suburb to the north of Washington DC) in January 2007 and January 2008.  Here's a review and breakdown:

Kensington Maryland Homes (Zip Code 20895)


Jan. 2007

Jan. 2008

Number of Homes Sold 



Total Sold Dollar Volume



Average Sold Price*       



Average Days on Market* 



Ave. Sales Price as a % of Ave List Price*  

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