Slow start to Bethesda MD home sales in new year

by Dan Krell
DanKrell.com
© 2013
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Bethesda MD real estate activity increases but home sales start drop off from recent years.

Bethesda MD Home Sales
Bethesda MD Home Sales

The January Krell List-to-Sold Ratio of 0.52 is less than the 0.8 ratio of last Jan 2012.  The average home sale price of Bethesda MD homes that sold during January 2013 decreased 10% compared to last Jan, and decreased 6% and 5% compared to Jan 2011 and 2010.

Bethesda MD Average Home Sale Price
Bethesda MD Average Home Sale Price

There was a 30% increase in homes listed over last January, but a 21% decrease from Jan 2010.  While there was a 31% increase in homes under contract over last Jan, as well as a 21% and 4% increase over Jan of 2011 and 2010.

There was 5% decrease in the number of  settlements in Bethesda MD over last Jan, as well as a 3% and 13% decrease of home sales compared to Jan 2011 and 2010.

Sales data is inclusive of homes listed in MRIS. 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.