Bethesda home sells for $1.6M in Bethesda MD 20814 during April 2012

Posted on May 18, 2012 by Dan

by Dan Krell © 2012

DanKrell.com

A 5 bedroom 4.5 bath Arts & Crafts home on Stratford Rd 20814…

within walking distance to Bethesda, sold for $1.6M during April 2012 (Listing broker RE/MAX Realty Services; Selling broker Long & Foster Real Estate, Inc.).  Seven other homes sold for over one million dollars during April in the zip code of 20814; a total of 21 single family homes sold during the month of April 2012.

View April’s Single family home sales in Bethesda MD 20814

Posted in 20814, Bethesda MD, home sales, Luxury Real Estate, real estate | Tagged , , , | Leave a comment

Charming Chevy Chase MD colonial for sale

Posted on May 16, 2012 by Dan
31 Quincy St Chevy Chase MD 20815
Main Photo
Charming Chevy Chase colonial on a beautiful block in Chevy Chase village. Updated spring of 2012, 4 finished levels, shows beautifully. 5 bedrooms/ 4.5 baths, spectacular gourmet kitchen, fantastic yard, screen porch, so many beautiful details. Chevy Chase Elementary School; Westland Middle School; Bethesda-Chevy Chase High School
Bedrooms: 5
Bathrooms: 4.5
Year Built: 1918
Subdivision: CHEVY CHASE VILLAGE
Lot Size: 0.24
Garage Size: 1
School District: Montgomery County Public Schools
Square Footage: 2228
Broker: Gerlach Real Estate
MLS #: MC7834483
Price: $1,950,000
Additional Pricing Information: Call for additional information
31 QUINCY ST
Chevy Chase, MD 20815
  • For additional information, please contact:
    Dan Krell, Realtor®
    301-529-8475 Direct
    www.DanKrell.com
  • (broker: 301-656-8686)


For additional information, please contact:
Dan Krell, Realtor®
301-529-8475 Direct
(301-656-8686 Broker)
www.DanKrell.com
Equal Housing Opportunity VFLYER ID: 158031019
All information in this site is deemed reliable but is not guaranteed and is subject to change
Posted in 20815, Chevy Chase MD, Home for sale, homes for sale, Luxury Homes for Sale, Luxury Real Estate, Montgomery County MD, real estate | Tagged , , , , | Leave a comment

Home sale prices climbing in Bethesda MD 20817

Posted on May 14, 2012 by Dan

by Dan Krell © 2012
DanKrell.com

Although the 173 Year-to-Date through April 2012 pending sales for Bethesda MD 20817 have slightly exceeded the 170 YTD pending sales from 2010, the number exceeds that of the 145 pending sales of 2011. April’s 54 pending sales do not meet the 69 pending sales of 2010 but exceed the 45 pending sales of 2011.

Added listings continue to decline in Bethesda 20817 as indicated by the 77 added listings for April 2012 (compared to 99 added listings for April 2011 and 113 added listings for April 2010). Year to Date added listings also declined to 262 added listings in YTD through April 2012 (compared to 288 added listings the same period 2011 and 293 added listings the same period 2010).

The 38 Bethesda MD 20187 home sales for April 2012 equal those from April 2011, but are less than the 45 home sales in April 2010. Similarly, the 113 YTD home sales through April 2012 are close to the 112 YTD home sales the same period 2011, but less than the 126 home sales the same period 2010.

(click pictures below to view full graphs)

Home sale activity for Bethesda MD 20817 during April 2012

Home sale activity for Bethesda MD 20817 during April 2012

Home sale activity for Bethesda MD 20817 Year to Date through April 2012

Home sale activity for Bethesda MD 20817 Year to Date through April 2012

 

 

 

 

 

Bethesda MD 20817 home sale prices continue to climb! The average home sale price of $976,826 for April 2012 is higher than the average home sale price of $956,752 for April 2011 and the average home sale price of $883,550 in April 2010. Similarly, the YTD average home sale price through April 2012 of $920,732 is higher than the YTD average home sale price of $886,640 for the same period in 2011 and the YTD average home sale of $887,936 for the same period of 2010.

Average Home Sale Price for Bethesda MD 20817 homes sold during April 2012

Average Home Sale Price for Bethesda MD 20817 homes sold during April 2012

Average Days on Market for Bethesda MD 20817 homes sold during April 2012

Average Days on Market for Bethesda MD 20817 homes sold during April 2012

 

 

 

 

 

 

For a detailed market analysis, please contact Dan (301-529-8475). Home sales data compiled from MRIS.

Posted in 20817, Bethesda MD, home sale statistics, home sales, housing market, Luxury Real Estate, market report, market snapshot, Montgomery County MD, real estate | Tagged , , , , , , | Leave a comment

Chevy Chase MD home sales seek to find balance in April

Posted on May 9, 2012 by Dan

by Dan Krell © 2012
DanKrell.com

April 2012 home sales data for Chevy Chase MD 20815 may indicate that the local housing market is seeking a balance. Although new listings for the month have decreased to 43 listings (compared to 64 new listings in April 2011 and 96 new listings in 2010); year-to-date stats indicate new listings are on par with last year (207 new listings Year-to-Date through April 2012; compared to 205 new listings the same period 2011 and 239 new listings the period 2010).

The 52 pending sales for April 2012 are higher than the 32 pending sales recorded for April 2011, but only slightly higher than the 49 pending sales for April 2010. The 125 pending sales Year-to-Date through April 2012 equal the Year-to-Date pending sales of the same period 2010, but are slightly higher than the 113 pending sales Year-to-Date the same period 2011.

The 30 closings in April 2012 are decreased from the 33 closings recorded in April 2011, but higher than the 26 closings in April 2010. The 92 closings Year-to-Date through April 2012 equaled the number of closings Year-to-Date the same period last year, but increased from the same period in 2010.
(Click on any graph below for larger picture)

Home Sales Chevy Chase MD 20815 April 2012

Home Sales Chevy Chase MD 20815 April 2012

Home Sales Chevy Chase MD 20815 (Year-to-Date April 2012)

Home Sales Chevy Chase MD 20815 (Year-to-Date April 2012)

 

 

 

 

 

Chevy Chase Home sale prices for homes that closed in April 2012 increased to an average sale price of $1,117,301 (compared to an average sale price of $907,079 for homes closed in April 2011, and an average sale price of $884,130 for homes closed in April 2010). However, the Year-to-Date average home sale price through April 2012 decreased to an average home sale price of $893,238 (compared to an average home sale price of $980,231 during the same period 2010, and an average home sale price of $897,762 during the same period 2010).

Average Home Sale Price Chevy Chase MD 20815 (April 2012)

Average Home Sale Price Chevy Chase MD 20815 (April 2012)

Average Days on Market Chevy Chase MD 20815 (April 2012)

Average Days on Market Chevy Chase MD 20815 (April 2012)

 

 

 

 

 

For a detailed market analysis, please contact Dan (301-529-8475). Home sales data compiled from MRIS.

Posted in 20815, Average Home Sale Prices, Chevy Chase MD, home sale statistics, home sales, housing market, Luxury Real Estate, market report, real estate, transactions | Tagged , , , , , | Leave a comment

Lack of new listings in Bethesda MD 20814 may be cause for concern

Posted on May 7, 2012 by Dan

by Dan Krell © 2012
DanKrell.com

As some around the country are putting hope in pending sales, Bethesda MD 20814 pending sales look much like the previous two years (37 pending sales for April 2012 compared to 40 pending sales for April 2011 and 45 pending sales for April 2010; 129 pending sales Year-to-Date through April 30th 2012 compared to 127 pending sales the same time 2011 and 132 pending sales for the same time 2010).

Although there were 37 homes that sold during April 2012, there is a familiar tone compared to the 33 homes that sold during April 2011 and 36 homes that sold April 2010. Taking a broader view, the numbers are more consistent: 108 homes that sold Year-to-Date through April 2012 compared to 109 homes that sold during the same period 2011 and 108 homes that sold the same period 2010.

The concern is that although pending and sales are similar to previous years, there are fewer new listings during the month: 57 listings for April 2012 compared to 74 listings April 2011 and 63 listings April 2010. Cumulatively, the number of listings have declined: 186 listings Year-to-Date through April 30th compared to 209 listings the same period 2011 and 236 listings 2010.
(full size graphs shown when clicked)

Home Sales Bethesda MD 20814 April 2012

Home Sales Bethesda MD 20814 April 2012

Year-to-Date Home Sales Bethesda MD 20814

Year-to-Date Home Sales Bethesda MD 20814

 

 

 

 

 

Average sale price for homes that sold during April 2012 declined ($723,143) compared to the average home sale price of April 2011 ($960,518), but are higher than the average sale price of April 2010 ($638,856).

Average Sale Price for Homes that Sold Bethesda MD 20814

Average Sale Price for Homes that Sold Bethesda MD 20814

Average Days-on-Market for Homes that Sold Bethesda MD 20814

Average Days-on-Market for Homes that Sold Bethesda MD 20814

 

 

 

 

 

 

For a detailed market analysis, please contact Dan (301-529-8475). Home sales data reported by MRIS.

Posted in 20814, Bethesda MD, home sale statistics, home sales, housing market, Luxury Real Estate, market report, real estate | Tagged , , , , | Leave a comment

Does Montgomery County MD April home sale data point to early market peak or slump

Posted on May 3, 2012 by Dan

by Dan Krell © 2012
DanKrell.com

As some organizations and media outlets look toward pending sales as an indication of the market “turning the corner,” local home sale data may indicate something entirely different- an early peak to the spring home sale market. In November 2010, Fed Chairman, Ben Bernanke spoke to the National Association of Home Builders about the housing market. He indicated that economic and social factors, which resulted in a shift in the perception of home ownership has affected the housing market. Among such factors, reduced family formation has been highlighted in a recent Washington Post article that discussed a Pew Research finding that, “More than one in five adults between ages 25 and 34 live with their parents or in other “multi-generational” living arrangements, the highest level since the 1950s…”

Montgomery County MD home sale data reveal that although the 1,239 April 2012 pending home sales increased from the 970 pending home sales from April 2011, it is a far cry from the 1,505 April 2010 pending home sales (and we know 2010 was not the turning point for the housing market). Additional data is not as encouraging: the 1,469 homes listed in April 2012 is down from previous years (1,753 homes listed in April 2011 and 2343 homes listed in April 2010); and the 841 home sales in April 2012 is reduced from the 877 home sales in April 2011 and the 1071 home sales in 2010.

Montgomery County Home Sale Data April 2012

Montgomery County Home Sale Data April 2012

Local data in Bethesda, Chevy Chase, and Potomac are consistent with county-wide data and indicate that market, in deed, may have peaked in March-April.

New home listings for April 2012 in Bethesda MD, Chevy Chase MD, and Potomac MD have dropped from previous years. And although pending home sales are up from last year, the overall numbers do not exceed those of 2010 (except Chevy Chase). Homes that sold in April 2012 are lower than those sold in April 2011 or 2010 (or both).

Bethesda MD home sales April 2012

Bethesda MD home sales April 2012


Chevy Chase MD home sales April 2012

Chevy Chase MD home sales April 2012


Potomac MD home sales April 2012

Potomac MD home sales April 2012

For a detailed market analysis, please contact Dan (301-529-8475). Home sales data reported by MRIS.

Posted in 20814, 20815, 20816, 20817, 20854, Bethesda MD, Chevy Chase MD, home sale statistics, home sales, housing market, Montgomery County MD, Potomac MD, real estate, transactions | Tagged , , , , , | Comments Off

Fabulous home renovation in Kensington MD for sale

Posted on April 30, 2012 by Dan
4501 Dresden ST Kensington MD 20895

Main Photo

Absolutely fantastic renovation of this delightful Kensington home by Holahan Builders. New Kitchen with new appliances and new bathrooms throughout. Large newly fenced yard, electrical heavy up, exterior paint and new yard., go and show. Great move in condition and priced to sell.
Bedrooms: 3
Bathrooms: 3
Year Built: 1956
Subdivision: Chevy Chase View
Lot Size: 7319sf
School District: Montgomery County Public Schools
Square Footage: 1176
Broker: Gerlach Real Estate
MLS #: MC7822940
Price: $699,000
Additional Pricing Information: Call for additional information
4501 Dresden
Kensington, MD 20895
  • Range/Oven
  • Full Refrigerator
  • Washer/Dryer
  • Sink Disposal
  • Microwave
  • Fireplace
  • Hardwood Floors
  • Basement
  • Grass Lawn
  • Fenced Rear Yard
  • For additional information, please contact:
    Dan Krell, Realtor®
    301-529-8475 Direct; www.DanKrell.com

  • (broker: 301-656-8686)

For additional information, please contact:
Dan Krell, Realtor®
301-529-8475 Direct
(301-656-8686 Broker)
www.DanKrell.com

Equal Housing Opportunity VFLYER ID: 154131000
All information in this site is deemed reliable but is not guaranteed and is subject to change
Posted in Home for sale, home sales, homes for sale, Kensington MD, real estate | Tagged , , | Comments Off

Potomac MD boasts 38 home sales in March 2012

Posted on April 26, 2012 by Dan

Potomac MD Home Salesby Dan Krell © 2012
DanKrell.com

Potomac MD boasted 38 home sales for March 2012. Roughly 27% of the sales this past month were One Million Dollars ($1M) or more.

Click link for a complete list of March 2012 Potomac MD home Sales.Potomac MD home sales

For a detailed market analysis, please contact Dan (301-529-8475).  Home sales data compiled from MRIS, Inc.

The top sales for March include:

Address - City - State - Zip Code - Close Date - Close Price - Listing/Selling Brokers
9809 BENTCROSS DR - POTOMAC MD 20854 - 3/15/2012 - $2,710,000 - Long & Foster Real Estate, Inc./Gould Properties, LLC
10725 ARDNAVE PL - POTOMAC MD 20854 - 3/23/2012 - $1,630,000 - Washington Fine Properties LLC/Washington Fine Properties LLC
9408 WING FOOT CT - POTOMAC MD 20854 - 3/13/2012 - $1,588,000 - Long & Foster Real Estate, Inc./Long & Foster Real Estate, Inc.
10513 RIVERS BEND LN - POTOMAC MD 20854 - 3/21/2012 - $1,550,000 - Washington Fine Properties LLC/Washington Fine Properties LLC
10641 MACARTHUR BLVD - POTOMAC MD 20854 - 3/27/2012 - $1,340,000 - Long & Foster Real Estate, Inc./Coldwell Banker Residential Brokerage
7505 HACKAMORE DR - POTOMAC MD 20854 - 3/14/2012 - $1,250,000 - Washington Fine Properties LLC/Washington Fine Properties LLC
9916 WOODFORD RD - POTOMAC MD 20854 - 3/15/2012 - $1,200,000 - Washington Fine Properties LLC/Coldwell Banker Residential Brokerage
12500 PARK POTOMAC AVE #508N - POTOMAC MD 20854 - 3/12/2012 - $1,045,000 - The Mayhood Company/The Mayhood Company
7809 LAUREL LEAF DR - POTOMAC MD 20854 - 3/30/2012 - $1,038,000 - Washington Fine Properties LLC/Keller Williams Realty
9905 AUTUMNWOOD WAY - POTOMAC MD 20854 - 3/16/2012 - $1,000,000 - Washington Fine Properties LLC/Long & Foster Real Estate, Inc.
Posted in 20854, Home for sale, home sale statistics, home sales, housing market, Luxury Homes for Sale, Luxury Real Estate, Potomac MD, real estate, transactions | Tagged , , | Comments Off

Custom built Clewerwall home in Bethesda MD for sale

Posted on April 23, 2012 by Dan

by Dan Krell © 2012
DanKrell.com

8801 CLEWERWALL DR BETHESDA MD 20817 – Home for Sale
8801 CLEWERWALL DR BETHESDA MD 20817
Custom built brick colonial with embassy sized rooms and great flow. Gorgeous 2 acre flat lot with 65×30′ in-ground pool, extensive hardscape includes patios and pool decking. Garden beds ready for spring planting! Seven Locks ES; Cabin John High MS; Winston Churchill HS
Bedrooms: 6
Bathrooms: 7.5
Year Built: 1966
Subdivision: Clewerwall Knoll
Lot Size: 87120sf
Garage Size: 3cars
School District: Seven Locks ES; Cabin John High MS; Winston Churchill HS
Square Footage: 5243
Agent Name: Kristin Gerlach
Broker: Gerlach real estate
MLS #: MC7795135
Price: $2,700,000
Additional Pricing Information: Call/email for additional information
8801 Clewerwall Dr
Bethesda, MD 20817
  • For additional information, please contact:
    Dan Krell, Realtor®
    301-529-8475 Direct; www.DanKrell.com

  • (broker: 301-656-8686)

For additional information, please contact:
Dan Krell, Realtor®
301-529-8475 Direct
(301-656-8686 Broker)
www.DanKrell.com

Equal Housing Opportunity VFLYER ID: 152015003
All information in this site is deemed reliable but is not guaranteed and is subject to change
Posted in 20817, Bethesda MD, Home for sale, homes for sale, Luxury Homes for Sale, Luxury Real Estate, real estate | Tagged , , , , | Comments Off

What sold in Chevy Chase during March?

Posted on April 19, 2012 by Dan

Home sales in Chevy Chase MD 20815 during March 2012.

by Dan Krell © 2012
DanKrell.com

Top three priced homes that sold include:

6924 WOODSIDE PL, CHEVY CHASE, MD 20815 (List Price:$2,185,000; Close Price:$2,034,135; Close Date:30-Mar-2012; Listing Broker:Long & Foster Real Estate, Inc.; Selling Broker:Burr Residential Properties)

3503 BRADLEY LN, CHEVY CHASE, MD 20815 (List Price:$1,675,000; Close Price:$1,600,000; Close Date:09-Mar-2012; Listing Broker:McEnearney Associates, Inc.; Selling Broker:Long & Foster Real Estate, Inc.)

8116 KERRY LN, CHEVY CHASE, MD 20815 (List Price:$1,425,000; Close Price:$1,425,000; Close Date:27-Mar-2012; Listing Broker:Metropolitan Regional Information Systems, Inc.; Selling Broker:McEnearney Associates, Inc.)

Here is a spreadsheet listing all MLS listed homes that sold in Chevy Chase during March

Posted in 20815, Chevy Chase MD, home sales, real estate, transactions | Tagged , , , , | Comments Off