Bethesda Homes for Sale, Pre-foreclosures, REO - Montgomery County MD Home owners and prospective home buyers are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale. The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers. The first report shows the 198 active listings excluding the lender owned (REO) homes and the short sale listings.   Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-97763427-274 The second report shows the 12 short sale listi... 12/29/2009

Devonshire, Bethesda: One of the smaller communities in Bethesda with 41 homes and has no home owner association restrictions.  The homes range from about 1000 - 4100 sq. ft mostly updated ramblers, a few cape cods, and split level, six have under gone major renovations, and about six are new construction that sold for around $1.5 million. Presently, there are no homes on the market or under contract. Absorption rate is 0 month. The Devonshire streets include: Bradmoor Drive, Dunleer Court, Ridge Place and Greentree Road.  The homes are divided into the two different school districts of Walter Johnson and Walt Whitman.  Devonshire is located very conveniently between Fernwood Road, Old Georgetown Road and Greentree Road.  The community is within walking distance to Wyngate Elementary, N... 12/24/2009

The Hendry Estates community borders the Ayrlawn community.  They are situated West of Old Georgetown Road and North of Greentree Road. There are 187 homes, and presently there are no homes on the market.  One home is Under contract in 23 days.  This home is on a main road and it was listed at $486,000.  It has 5 bedrooms and 3 baths.  Hendry Estates has an absorption rate of 0 month.  Hendry Estates has no inventory available at this time.  Sellers would do well to place their home on the market at this time, providing that the home and the sellers are ready.   12/24/2009

Ayrlawn, Bethesda is located West of Old Georgetown Road and North of Greentree Road.  There  are 2 newer Colonial homes priced at $1,150,000, $1,299,000. They have been on the market from 186-264 days. There are 2 homes under contract. One was reduced from $699,000 to $659,000, and has been on the market 89 days. A second home went under contract in 20 days listed at $1,250,000. Ayrlawn absorption rate is 0 months,  Ayrlawn, like the rest of Bethesda, has a shortage of inventory. 12/24/2009

Wyngate, Bethesda is located East of Fernwood Road and North of Greentree.  There are 422 homes in Wyngate.  Some of the homes are Ramblers, some are Cape Cods and some Colonial.  There are contemporary homes, renovated homes and new Colonial homes. Presently, there is one home on the market.  It is a new home with six bedrooms and Six bath priced at reduced from $1,585,000 to $1,399,900. This home has been on the market 327 days.  Three homes listed from $450,000 to $675,000 are under contract. These homes were on the market 92-496 days probably because they were on a busy main road. The inventory of homes is low in Bethesda and in this community.   Wyngate's absorption rate dropped to minus one month.  Wyngate is a popular destination for first time home buyers and the move up buyer l... 12/24/2009

Alta Vista Terrace, Bethesda is located North of Greentree and West of Old Georgetown Road.  The community is made up of 250 homes.  Presently, there is one brick colonial home on the market.  The home has been on the market for 119 days. It is now listed for $849,000.  There is another new home on the market for $1,399,900, listed for 19 days. There is one forclosed home under contract listed now at $960,000.  At this price, the home was on the market 11 days!  Another new home under contract is listed at $1,260,000. The absorption rate at Alta Vista Terrace is 0 month!  This community continues to be hot! As I noted before, Alta Vista Terrace and its neighboring Ayrlawn, Hendry Estates, Wyngate, Oakmont, Devonshire and Sonoma are popular communities where homes do sell when priced rig... 12/24/2009

Sonoma, Bethesda is located West of Old Georgetown and North of Suburban Hospital.  There are 119 homes in the community.  Presently, there are still no homes on the market! There are no homes under contract. The last home sold in Sonoma in May for $500,750. Buyers need homes in Sonoma!  This would be a great time to list your home if you live in the Sonoma community.   12/24/2009

Homes New to the Market: A total of 12 listings came on the market in the 20814 zip code of Bethesda, MD. Of those twelve homes, only four are still available on the market. The remaining eight are either under contract or have already gone to settlement. This is just another fact supporting that this is a great market to sell in! Average Listing Price: $845,658     Low Listing Price: $564,900High Listing Price: $2,450,000 In total, there are 26 detached homes on the market in the 20814 zip code of Bethesda (including the 4 that were listed in November and 4 that were listed in December). They range in price from $535,000 up to $3,999,000. Homes Now Under Contract: 28 detached Homes are now under contract. Homes that are priced appropriately and show well are selling quickly and some t... 12/23/2009

Bethesda Homes for Sale, Pre-foreclosures, REO - Montgomery County MD Home owners and prospective home buyers are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale. The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers. The first report shows the 210 active listings excluding the lender owned (REO) homes and the short sale listings.   Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-97370149-26 The second report shows the 14 short sale listing... 12/21/2009

I just got a call from a woman who saw on Craigslist that 9918 Marquette Drive, could be available for $1,000.  The post stated that for $1,000 she could get the keys to the house, since "the owners are in Africa". She mentioned that they had even the interior pictures!  To her that was a sign that the home was theirs.  She did not think that they can easily pick any pictures off the Internet, once the legitimate owners or agents advertise a property. The woman was very upset that her child and she would not have a home by Christmas.  I told her that she was lucky that she did not follow her first impulse to send the money to these scammers. I reported this to Craigslist, but how do we make sure that consumers do not fall for such scames???   12/17/2009

As the year comes to an end, think back....when was the last time you touched base with your past clients and SOI via phone?  Your past clients and SOI are perhaps your best marketing tools.  Think back to that old shampoo commercial, she'll tell two friends and they'll tell two friends and so on and so on and so on.... If you were looking for property, would you choose someone from a paper, of would you take the advice of a friend or colleague that had a good experience with their realtor? The end of the year is hectic, and most people are doing extra shopping, attending parties, preparing for visitors and a host of other tasks associated with the season.   People get together for office parties, dinner parties and socialize more around this time than any other time of the year.  This ... 12/17/2009

Bethesda MD 20814 Real Estate Trend Indicator   If you are thinking about buying or selling a home in zip code 20814, you should take a close look at the following report that compares the statistics for the past month with the same month last year.   During the month, there were 100 active listings of homes for sale in 20814. There were 35 new listings in the area and 35 properties went to pending new contracts.  There were 35 settlements as compared to 18 homes sold last year. The total dollar volume sold was up 81.93%. The median sales price was $503,000.  The average sales price was 94.01% of the average list price. The average days on the market was 61 as compared to 53 days last year.     There are 75 homes for sale in Zip Code 20814.   Click the following URL to see the listings:... 12/15/2009

Bethesda MD 20817 Real Estate Trend Indicator   If you are thinking about buying or selling a home in zip code 20817, you should take a close look at the following report that compares the statistics for past month with the same month last year.  During the month, there were 153 homes listed for sale on the multiple listing service (MRIS).  There were 37 new listings in the area and 30 listings went to new pending contracts. There were 29 actual settlements as compared to 19 homes sold last year. The total sold dollar volume was up 20.64%.  The average number of days on the market was 42 from 46 days last year.  The average sale price was 95.90% of the average list price.  The average sold price was $779,433.  The median sold price was $627,500, down 24.85% from last year. Fortunately, ... 12/15/2009

 BETHESDA MD HOMES FOR SALE: NEW CONSTRUCTION AT 9007 BURDETTE ROAD Welcome to a newly finished French Country style, custom home sited on 1.58 acres in close-in Bethesda. Designed by Custom Design Concepts and built by Bradbern Construction Co Inc., this home is sure to please even the most discerning buyers. Please click on the link below to take an online tour of this amazing property. The floor plan is dramatic while being flexible enough to accommodate a variety of needs. Architectural details include custom moldings and cabinetry, ten foot ceilings, walnut wood floors and walnut paneled library, many arched windows and doors, designer chandeliers and interesting use of iron, granites, marble and limestone. The first floor features an expansive foyer with custom forged iron railing... 12/15/2009

BETHESDA HOMES FOR SALE, PRE-FORECLOSURES, REO - MONTGOMERY COUNTY, MD Home owners and prospective home buyers are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale. The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers. The first report shows the 229 active listings excluding the lender owned (REO) homes and the short sale listings.   Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-96553092-952 The second report shows the 15 short sale listi... 12/09/2009

Need to make room for all of those Christmas and Chanukah presents? Here is a great way to get started... December 13th, Walt Whitman Highschool is hosting a USED ELECTRONICS DROP-OFF EVENT. Mongtomery County Division of Solid Waste Services Electronics Recycling Program will be sponsoring the event on Sunday from 12-4 PM. The school is located at 7100 Whittier Blvd. Bethesda, MD 20817 Accepted items include: small electronic appliances calculators camcorders CDs and floppy disks CD players cell phones computers and computer-related products consumer electronics copiers cords and cables (including chargers) digital cameras electronic typewriters fax machines microwave ovens monitors personal digital assistant equipment printers projection equipment scanners telephones small electronic t... 12/08/2009

Friendship Heights Metro Station Market Report - Dec 8, 2009 There are 66 homes in Maryland on the market FOR SALE or RENT within 1 mile of the Friendship Heights Metro Station at the time of this report (12/8/2009). Twenty-one of those available are FOR RENT. The least expensive rental is a studio condo including utilities listed at $1220/month which includes your utilities and a garage space. While there is a four bedroom townhouse on the market for rent, the most expensive rental is a three-bedroom three full bath one half bath apartment with two parking spaces listed for $5,500/month.  Forty-five are on the market FOR SALE. The least expensive residence for sale is a studio apartment listed for $179,900, comes with underground garage parking, and is located just two blocks from the ... 12/08/2009

Medical Center Metro station neighborhood market report There are 60 homes on the market FOR SALE or RENT within 1 mile of the Medical Center METRO station in Bethesda Md. at the time of this report (12/7/2009). While there are one-bedroom rentals available at this time, the least expensive is a two-bedroom high-rise apartment listed at $1550/month, which includes your utilities. While there is a six-be bedroom rental on the market in this area, the most expensive is a five-bedroom four and a half bath detached home with a garage listed for $6,000.   The least expensive on the market FOR SALE is a one-bedroom one full bath garden apartment listed for $169,900. The most expensive home FOR SALE is a six-bedroom six full baths one half bath detached home, with a two car garage, and two fir... 12/06/2009

Bethesda Metro station neighborhood market report There are 115 homes on the market FOR SALE or RENT within 1 mile of the Bethesda Metro Station at the time of this report (12/7/2009). While there are several one-bedroom RENTALS on the market in this area, the least expensive is a two-bedroom high-rise apartment listed at $1550/month, and includes all your utilities.  While there six bedroom homes on the market for rent, the most expensive RENTAL in the area for this report is a five-bedroom four full bath detached home with three fireplaces and a two car garage listed for $6,000/month.   The least expensive unit FOR SALE in the area is studio high-rise apartment listed for $164,689. While there is a seven bedroom home on the market, the most expensive home FOR SALE is a five-bedroom fi... 12/06/2009

BETHESDA HOMES FOR SALE, PRE-FORECLOSURES, REO - MONTGOMERY COUNTY, MARYLAND Home owners and prospective home buyers are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale. The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers. The first report shows the 242 active listings excluding the lender owned (REO) homes and the short sale listings.   Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-96176635-281 The second report shows the 15 short sale... 12/04/2009