Bethesda real estate – July market update

by Dan Krell © 2013
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Summer home sales continue to remain at elevated levels (relative to last two years) in Bethesda MD!  It remains to be seen whether the sustained activity is due to housing rebound, pent-up demand, threats of rising interest rates, or a combination of factors.

July 2013 compared to: Listings Contracts Sales Avg Home Sale Price
Jul-10 -5% 34% 19% 2%
Jul-11 9% 23% 12% 3%
Jul-12 19% 19% 14% 8%
Home Sales in Bethesda MD

Home Sales in Bethesda MD

Year to Date Home Sales in Bethesda MD

Year to Date Home Sales in Bethesda MD

YTD through July 2013 compared to: Listings Contracts Sales
YTD 2010 -3% 17% 14%
YTD 2011 -1% 18% 17%
YTD 2012 7% 15% 12%
Average Home Sale Price  - Bethesda MD

Average Home Sale Price – Bethesda MD

Home Absorption Rate - Bethesda MD

Home Absorption Rate – Bethesda MD

July Absorption Year to Date Absorption
2010 85% 58%
2011 106% 58%
2012 116% 67%
2013 110% 70%

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.

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