Bethesda MD home sales surge during October

by Dan Krell
DanKrell.com
© 2012

Bethesda MD home sales surge in the fall; October 2012 transaction volume indicates a slightly improved housing market.  In light of reduced home listings, the number of homes under contract remain high as well as the volume of sales.  However, the average home sale price for the month of October is less than previous years.

Bethesda home sales increased in October compared recent years (+8% compared to Oct 2011, and +11 compared to Oct 2010). Year to date home sales through October remain slightly ahead of recent years, +5% compared to the same period in 2011 and in 2010.

(click below to view full size graphs)

Bethesda MD home sales comparison

Bethesda MD home sales comparison October 2012

Bethesda MD year to date home sales comparison

Bethesda MD year to date home sales comparison October 2012

 

 

 

 

The average home sale price of homes that closed in Bethesda MD during October 2012 decreased 4% compared to Oct 2011, and decreased 12% compared to Oct 2010.

Bethesda MD Average home sale price comparison

Bethesda MD Average home sale price comparison Oct 2012

Homes under contract in October increased 36% compared to Oct 2011, and increased 19% compared to Oct 2010. The number of homes that went under contract year to date through October 2012 increased 8% compared to the same period in 2011, and increased 6% compared to the same period in 2010.

Homes listed in October increased 7% compared to Oct 2011, but decreased 5% compared to Oct 2010. The year to date volume of homes listed through October 2012 decreased 4% compared to the same period in 2011, and decreased 9% compared to the same period in 2010.

Home sales data compiled from local MLS, MRIS.com; Property information posted on this site is believed to be accurate, but should not be relied upon without verification.

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