Bethesda & Chevy Chase Luxury Home Sales Market Stats
Posted by Gretchen Koitz on Saturday, August 29, 2009 at 4:59:13 PM
By Gretchen Koitz / August 29, 2009
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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 |
**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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