Bethesda, MD Real Estate News

By Josette Skilling
(Keller Williams Capital Properties)
"Study the past if you would define the future"  Confucius  As we head into the holiday season and the end of the year there is much uncertainty in our real estate markets.  In Montgomery County we tend to fare better than the national market but it's critical to remember that all real estate is local!    While California, Nevada, Florida and Arizona are all suffering heavy foreclosure losses, the cause of their distress is unlike states like Michigan or Ohio where they have massive job losses to contend with.  Speculative behaviour led to unrealistic increases in pricing, not in line with real wages.  And of course greed led to fraud in many segments of the market.  Cheap money fueled it all...   That's where the wise Confucius comes in...  it was never a good idea for any buyer to get...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD4/26/2007$1,185,000$1,185,000$1,191,000101%$0796129 OVERLEA RDFORT SUMNERThere is one active property in Fort Sumner:A rambler originally offered at $995,000 now reduced to $939,000If you would like to see this property please call me.   Information Source: MRIS - Information is deemed reliable but not guaranteed.For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real EstateAll data courtesy of:Long & Foster Real Estate, Inc.4733 Bethesda AvenueBethesda, MD 20814301-385-9213 (cell)240-497-1700 (office)Disclaime...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD4/20/2007$799,900$799,900$780,00098%$0336204 DUNROBBIN DRFAIRWAY HILLSSOLD3/7/2007$789,000$789,000$784,50099%$056206 VORLICH LNFAIRWAY HILLSSOLD8/8/2007$785,000$785,000$785,000100%$096205 VORLICH LNFAIRWAY HILLSSOLD6/13/2007$799,000$799,000$799,000100%$01586206 DUNROBBIN DRFAIRWAY HILLSThere is one active home on the market:a 4 bedroom, 2 bath cape offered at $739,909Two homes are under contract:a Cape offered at $625,000 and was on the market 16 daysa Cape originally offered at $749,000 and reduced to $699,000.  It was on the market 22 daysInformation Source: MRIS - Information is deemed reliable but not guara...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816  StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD3/9/2007$550,000$499,999$490,00089%$14,0001424811 BAYARD BLVDCRESTVIEWSOLD5/30/2007$579,000$565,000$560,00097%$7,250294809 BAYARD BLVDCRESTVIEWSOLD10/12/2007$599,000$599,000$599,000100%$0424803 BAYARD BLVDCRESTVIEWSOLD3/9/2007$625,000$625,000$619,00099%$0504799 CRESCENT STCRESTVIEWNothing is currently active or under contract in Crestview.Information Source: MRIS - Information is deemed reliable but not guaranteed.For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real EstateAll data courtesy of:Long & Foster...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816   StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD5/22/2007$735,000$735,000$735,000100%$01384003 MARYLAND AVEBROOKMONTSOLD6/22/2007$1,298,000$1,298,000$1,312,500101%$056600 BROAD STBROOKMONTSOLD6/29/2007$2,100,000$2,100,000$2,000,00095%$0166212 RIDGE DRBROOKMONTThere are two active properties in Brookmont:a rebuilt 5 bedroom, 4 full bath, 1 half bath Colonial that has been reduced to $899,000 from $995,000a rebuilt 6 bedroom, 4 full bath, 1 hafl bath offered at $1,695,000If you would like to see these properties please call me.Information Source: MRIS - Information is deemed reliable but not guaranteed.For more information about real estate sales in Bethesd...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD5/15/2007$879,000$879,000$869,00099%$2,00064712 DOVER RDBROOKDALESOLD5/7/2007$1,075,000$1,035,000$1,010,00094%$10,000414816 PARK AVEBROOKDALESOLD5/29/2007$1,295,000$1,295,000$1,306,000101%$074801 DOVER CTBROOKDALEThere are no current listings in Brookdale.  One home is under contract for $1,350,000Information Source: MRIS - Information is deemed reliable but not guaranteed.For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real EstateAll data courtesy of:Long & Foster Real Estate, Inc.4733 Bethesda AvenueBethes...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816   StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD1/30/2007$1,195,000$1,195,000$1,259,600105%$045981 SEARL TER EBEACON HILLSOLD10/30/2007$1,250,000$1,250,000$1,292,500103%$035956 SEARL TERBEACON HILLThere are no current active listings or homes under contract in Beacon Hill.Information Source: MRIS - Information is deemed reliable but not guaranteed.For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real EstateAll data courtesy of:Long & Foster Real Estate, Inc.4733 Bethesda AvenueBethesda, MD 20814301-385-9213 (cell)240-497-1700 (office)Disclaimer: The opi...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816 StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD9/25/2007$625,000$625,000$600,00096%$064808 PARK AVEAMERICAN UNIV PARKSOLD4/2/2007$1,299,000$1,299,000$1,250,00096%$0284837 PARK AVEAMERICAN UNIV PARKThere is nothing active or under contract in AU Park at this time. Information Source: MRIS - Information is deemed reliable but not guaranteed.For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real EstateAll data courtesy of:Long & Foster Real Estate, Inc.4733 Bethesda AvenueBethesda, MD 20814301-385-9213 (cell)240-497-1700 (office)Disclaimer: The opinions expr...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD8/31/2007$715,000$715,000$665,00093%$0164803 MONTGOMERY AVEGLEN COVESOLD1/12/2007$1,395,000$1,395,000$1,326,00095%$01695127 SARATOGA AVEGLEN COVESOLD6/7/2007$1,699,000$1,649,000$1,624,50096%$0575114 SARATOGA AVEGLEN COVEThere are no active listings or homes under contract in Glen Cove.Information Source: MRIS - Information is deemed reliable but not guaranteed.For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real EstateAll data courtesy of:Long & Foster Real Estate, Inc.4733 Bethesda AvenueBethesda, MD 208143...
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Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816 StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD2/2/2007$724,900$679,000$670,00092%$01316006 MASSACHUSETTS AVEGLEN ECHO HEIGHTSSOLD4/27/2007$799,000$799,000$761,00095%$02416107 WISCASSET RDGLEN ECHO HEIGHTSSOLD5/7/2007$689,000$689,000$785,000114%$0106306 MASSACHUSETTS AVEGLEN ECHO HEIGHTSSOLD9/14/2007$795,000$795,000$790,00099%$0266212 WALHONDING RDGLEN ECHO HEIGHTSSOLD8/27/2007$829,900$829,900$799,95096%$0236015 MASSACHUSETTS AVEGLEN ECHO HEIGHTSSOLD6/15/2007$799,000$799,000$800,000100%$1,50055707 MOHICAN PLGLEN ECHO HEIGHTSSOLD8/29/2007$872,500$872,500$862,50099%$0135229 WYOMING RDGLEN ECHO HEIGHTSSOLD8/31/2007$873,000$869,000$869,000100%$01155305 WANETA ...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816 StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD1/5/2007$650,000$650,000$625,00096%$055220 NAHANT STGLEN MAR PARKSOLD6/6/2007$689,000$669,000$669,00097%$1,750425219 BELVOIR DRGLEN MAR PARKSOLD10/17/2007$679,000$679,000$669,00099%$1,00075214 BELVOIR DRGLEN MAR PARKSOLD3/15/2007$749,900$749,900$699,00093%$5,0001145900 CARLTON LNGLEN MAR PARKSOLD2/28/2007$849,000$799,000$789,00093%$3,500685804 AUGUSTA LNGLEN MAR PARKSOLD6/15/2007$749,000$749,000$790,000105%$2,50075912 CARLTON LNGLEN MAR PARKSOLD3/1/2007$864,900$864,900$873,000101%$50035205 AUGUSTA STGLEN MAR PARKSOLD3/7/2007$850,000$850,000$873,000103%$1,79045307 AUGUSTA STGLEN MAR PARKSOLD7/24/2007$905,000$90...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816  StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD9/28/2007$599,500$599,500$580,00097%$0665208 VENTNOR RDGREENACRESSOLD3/28/2007$610,000$610,000$610,000100%$005317 YORKTOWN RDGREENACRESSOLD8/22/2007$799,000$799,000$773,00097%$2,000355316 ALLANDALE RDGREENACRESSOLD7/26/2007$1,098,000$965,000$945,00086%$10,000714911 REDFORD RDGREENACRESSOLD8/15/2007$1,375,000$1,250,000$1,250,00091%$0335004 RIVER RDGREENACRESSOLD6/29/2007$1,599,000$1,499,000$1,475,00092%$02575315 YORKTOWN RDGREENACRESThere is currently one active listing in Greenacres:a 3 bedroom, one fully bath house offered at a reduced price of $549,000If you would like to see this home, please contact me.In...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816   StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD5/11/2007$1,295,000$1,295,000$1,225,00095%$0175217 RIDGEFIELD RDWESTWOODSOLD3/30/2007$1,780,000$1,595,000$1,544,00087%$01345405 KIRKWOOD DRWESTWOODSOLD5/4/2007$2,350,000$2,350,000$2,350,000100%$005503 ALBIA RDWESTWOODThere are currently two active listings in Westwood:a 6 bedroom, 3 full, 1 half bath Colonial with a two story vaulted addition.  Offered at a new price of $1,075,000a 6 bedroom, 4 full, 1 half bath renovated classic Colonial with a landscaped backyard complete with pool  Offered at $1,795,000If you would like to see these homes, please contact me.Information Source: MRIS - Information is deemed...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816    StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD1/31/2007$1,125,000$1,095,000$985,00088%$0755131 MASSACHUSETTS AVEWESTMORELAND HILLSSOLD8/29/2007$1,090,000$1,090,000$1,090,000100%$0135114 DUVALL DRWESTMORELAND HILLSSOLD3/30/2007$1,160,000$1,160,000$1,115,00096%$0164700 JAMESTOWN RDWESTMORELAND HILLSSOLD5/29/2007$1,199,000$1,150,000$1,137,00095%$0345213 PORTSMOUTH RDWESTMORELAND HILLSSOLD6/18/2007$1,075,000$1,075,000$1,205,000112%$054504 TOURNAY RDWESTMORELAND HILLSSOLD1/11/2007$1,200,000$1,200,000$1,225,000102%$004412 CHALFONT PLWESTMORELAND HILLSSOLD1/4/2007$1,300,000$1,300,000$1,321,000102%$004423 BOXWOOD RDWESTMORELAND HILLSSOLD6/15/2007$1,375,000$1,3...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816    StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD5/1/2007$849,900$849,900$837,50099%$02715331 MASSACHUSETTS AVEWESTHAVENSOLD9/17/2007$985,000$985,000$1,106,000112%$095303 WRILEY RDWESTHAVENThere are no current active listings in Westaven.Information Source: MRIS - Information is deemed reliable but not guaranteed.For more information about real estate sales in Bethesda, MD 20816 please email me at josette.skilling@longandfoster.com or visit my website at Bethesda Real EstateAll data courtesy of:Long & Foster Real Estate, Inc.4733 Bethesda AvenueBethesda, MD 20814301-385-9213 (cell)240-497-1700 (office)Disclaimer: The opinions expressed by The Activerain N...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816   StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD3/16/2007$657,000$599,000$545,00083%$01404912 FLINT DRWESTGATESOLD10/30/2007$898,000$699,000$685,00076%$01555002 GLEN COVE PKWYWESTGATESOLD8/13/2007$789,000$739,000$735,00093%$0604914 JAMESTOWN RDWESTGATESOLD5/31/2007$750,000$750,000$753,000100%$085108 BALTIMORE AVEWESTGATESOLD5/11/2007$839,000$839,000$839,000100%$054904 EARLSTON DRWESTGATESOLD8/31/2007$849,900$849,900$845,00099%$095145 MASSACHUSETTS AVEWESTGATESOLD4/16/2007$789,000$789,000$850,000108%$065105 ALLAN RDWESTGATESOLD5/8/2007$829,000$829,000$850,000103%$075107 BALTIMORE AVEWESTGATESOLD5/23/2007$895,000$895,000$896,000100%$065025 NEWPORT AVEWESTGA...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816  StatusContract DateClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD4/15/20075/24/2007$729,000$729,000$739,000101%$035114 NAHANT STSUMNERSOLD6/5/20078/31/2007$849,000$849,000$839,50099%$045144 WESTPATH WAYSUMNERSOLD5/6/20076/25/2007$869,500$869,500$880,000101%$095103 SANGAMORE RDSUMNERSOLD5/23/20076/27/2007$899,000$899,000$890,00099%$095807 OVERLEA RDSUMNERSOLD8/28/200710/26/2007$1,050,000$979,000$900,00086%$01205008 ROCKMERE CTSUMNERSOLD3/12/20074/25/2007$935,000$935,000$935,000100%$045008 NAHANT STSUMNERSOLD3/16/20075/10/2007$1,185,000$1,090,000$1,050,00089%$22,0001274416 SANGAMORE RDSUMNERSOLD5/2/20077/30/2007$1,195,000$1,195,000$1,195,000100%$054916 BROOKEWAY...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816    StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD1/12/2007$799,900$799,900$785,00098%$10,000445903 CRANSTON RDWOODACRESSOLD5/11/2007$799,000$799,000$790,00099%$006105 RAMSGATE RDWOODACRESSOLD8/16/2007$819,000$819,000$809,00099%$026002 MILO DRWOODACRESSOLD1/26/2007$860,000$860,000$849,00099%$0345901 GLOSTER RDWOODACRESSOLD6/18/2007$875,000$875,000$880,000101%$026303 NEWBURN DRWOODACRESSOLD8/31/2007$949,900$949,900$955,000101%$056005 COBALT RDWOODACRESSOLD8/6/2007$989,000$989,000$995,000101%$015905 CRANSTON RDWOODACRESSOLD3/21/2007$1,010,000$1,010,000$1,010,000100%$005903 RAMSGATE RDWOODACRESSOLD7/16/2007$1,039,000$1,039,000$1,086,150105%$046103 GLOSTER RDW...
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By Josette Skilling
(Keller Williams Capital Properties)
(BETHESDA REAL ESTATE) If over 80% of all buyers are shopping on the web, then as real estate professionals we need to be there first.  They are looking for property and are hungry for information on how to go about purchasing that property.  Eventually these buyers end up with real estate professionals to guide them through the process as evidenced by the large blue wedge in the following chart.  Almost half of the buyers who buy homes come directly through the agents. What Does That Mean to You as a Seller?It means you need an agent who can be found on the Internet.  Found by buyers and found by other agents.  Because when your agent knows how to be found, he/she will know how to get your home found on the Internet.  To Get Buyers to Come In:Your agent needs to be:Using a blog to comm...
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By Josette Skilling
(Keller Williams Capital Properties)
Single Family Homes Sold Through October 2007 - Bethesda, MD (Montgomery County) 20816   StatusClose DateOriginal PricePrice at SaleSold PriceDiscountSubsidyDOMAddressSubdivisionSOLD5/15/2007$729,000$729,000$766,000105%$075305 CROMWELL DRSPRINGFIELDSOLD10/15/2007$875,000$875,000$840,00096%$005508 CROMWELL DRSPRINGFIELDSOLD8/22/2007$830,000$830,000$855,000103%$035608 JORDAN RDSPRINGFIELDSOLD5/31/2007$889,000$869,000$869,00098%$0315412 CHRISTY DRSPRINGFIELDSOLD7/15/2007$879,000$879,000$900,000102%$035603 CROMWELL DRSPRINGFIELDSOLD4/30/2007$925,000$925,000$920,00099%$075404 RIDGEFIELD RDSPRINGFIELDSOLD3/7/2007$939,500$925,000$925,00098%$0925302 BROOKEWAY DRSPRINGFIELDSOLD6/25/2007$950,000$950,000$950,000100%$005809 WILTSHIRE DRSPRINGFIELDSOLD6/29/2007$929,000$929,000$960,000103%$005505 CHR...
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