Home | Newsletter | Advertise
loading...

The Section Of Maryland Where Homes Are Selling In Less Than A Week

  • November 14th

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

2-button.jpg
A Bethesda home that sold earlier this year.

UrbanTurf continues its annual look at the neighborhood housing markets around the DC region as we head over to the adjacent Maryland zip codes where homes are selling in under a week. 

Despite it being a slower year for the housing market in the DC area, there are two Bethesda zip codes where the market is still quite brisk. In 20816 and 20817 homes are selling on median in six days, even with more than 500 listings closing so far this year. Homes are not only selling quickly, but are also selling regularly for above asking, as the original sales to list price ratio is well above 100%. 

Below UrbanTurf plucked out several other interesting stats about the market in the 20816 and 20817 zip code. 

  • $1.31 million/$1.42 million -- The median home prices in 20816 and 20817.
  • $1.315 million/$1.49 million -- The average list price for homes that sold this year. 
  • 102%/101.4% -- The average list price to sales price ratio in 20816 and 20817.
  • 66% -- The percentage of homes sold that sold in 10 days or less.

Photo Courtesy of MM Design Co LLC.

See other articles related to: 20816, 20817, bethesda, downtown bethesda

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/the-section-of-maryland-where-homes-are-selling-in-less-than-a-week/22921.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse