East Bethesda Real Estate Wrap-up 2009
By Marcie Sandalow, Bethesda Chevy Chase DC real estate
(Marcie Sandalow, Compass 301.758.4894 )
East Bethesda Real Estate Statistics for 2009: It's time for my annual number crunching. So, how is East Bethesda real estate faring? Better than the rest of the region. Prices are down from last year, roughly 12% regionally and 6.9% within East Bethesda. And while lower prices are never great for sellers, if you are a move-up buyer, the savings on your new home should more than offset the loss you'll take on your current. At the time of this writing we have an extremely low inventory of homes for sale (4 houses are available in our neighborhood, ranging in price from $535,000 - $1,450,000). With this rather severe lack of inventory we've also been seeing some multiple bids (remember those!). So even though it goes against the usual grain of advice, listing your house to sell this...
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