MoCoRealEstate
 |
 |
 |
 |
|
- $2,100,000 - 7138 River Rd
- $1,300,000 - 10841 Stanmore Dr
- $845,000 - 8521 Churchill Downs Rd
- $924,900 - 15216 Rockport Dr
- $1,345,000 - 7316 Bradley Blvd
- $799,000 - 505 Sherwood Mills Ct
- $875,000 - 5225 Pooks Hill Rd #1810-12s
- $1,250,000 - 10801 Rosemont Dr
- $799,900 - 15109 Grey Pebble Dr
- $1,350,000 - 6101 Rosemont Cir
- $969,900 - 15602 Crimson Spire Ct
- $1,495,000 - 7711 Macarthur Blvd
- $999,000 - 3312 Coquelin Ter
- $1,450,000 - 11109 Smokey Quartz Ln
- $950,000 - 13700 Canal Vista Ct
-
$2,100,000 - 7138 River Rd
Bethesda
4 beds, 4 full, 1 part bathsLot size: 40,089 sq ftYear built: 1982 -
$1,300,000 - 10841 Stanmore Dr
Rockville
6 beds, 3 full, 1 part bathsHome size: 3,502 sq ftLot size: 2.10 acYear built: 1963 -
$845,000 - 8521 Churchill Downs Rd
Gaithersburg
5 beds, 5 full, 1 part bathsLot size: 2.05 acYear built: 1990 -
$924,900 - 15216 Rockport Dr
Silver Spring
7 beds, 6 full, 1 part bathsHome size: 9,110 sq ftLot size: 43,560 sq ftYear built: 1996 -
$1,345,000 - 7316 Bradley Blvd
Bethesda
6 beds, 5 full, 1 part bathsLot size: 29,899 sq ftYear built: 1965 -
$799,000 - 505 Sherwood Mills Ct
Sandy Spring
5 beds, 4 full, 1 part bathsHome size: 7,631 sq ftLot size: 14,335 sq ftYear built: 2006 -
$875,000 - 5225 Pooks Hill Rd #1810-12s
Bethesda
3 beds, 3 full, 1 part bathsHome size: 3,800 sq ftYear built: 1973 -
$1,250,000 - 10801 Rosemont Dr
Rockville
6 beds, 4 full, 1 part bathsLot size: 15,068 sq ftYear built: 2005 -
$799,900 - 15109 Grey Pebble Dr
Germantown
5 beds, 4 full, 1 part bathsHome size: 6,607 sq ftLot size: 3.64 acYear built: 1994 -
$1,350,000 - 6101 Rosemont Cir
Rockville
5 beds, 4 full, 1 part bathsLot size: 15,069 sq ftYear built: 2005 -
$969,900 - 15602 Crimson Spire Ct
Silver Spring
6 beds, 4 full, 1 part bathsLot size: 2.04 acYear built: 2007 -
$1,495,000 - 7711 Macarthur Blvd
Cabin John
8 beds, 5 full, 1 part bathsLot size: 14,661 sq ftYear built: 2005 -
$999,000 - 3312 Coquelin Ter
Chevy Chase
4 beds, 3 full, 1 part bathsLot size: 8,666 sq ftYear built: 2005 -
$1,450,000 - 11109 Smokey Quartz Ln
Potomac
7 beds, 7 full, 2 part bathsLot size: 2.00 acYear built: 1985 -
$950,000 - 13700 Canal Vista Ct
Potomac
5 beds, 4 full, 1 part bathsLot size: 2.20 acYear built: 1986
The Lure of Bargains for Upper Bracket Homes
April 1st, 2009 Categories: Luxury Homes, Market Updates
Sometimes a bargain is just too seductive too ignore. Reduced prices for upper bracket homes in Montgomery County can be a strong lure inviting buyer interest based on price alone. Still, are these bargains really a great deal? As with most things in life, the answer is “it depends”.
Overall for Montgomery County, there are 357 homes priced over $1.3M available, and 51 in this price range have gone under contract from January 1st through March 31st. So for the county, we currently have about 22 months’ inventory. 90% of all home sale activity in this price range takes place in the Bethesda and Potomac areas:
| Area | Available |
Contracts |
|
| Bethesda, Chevy Chase, Kensington Clarksburg, Damascus Darnestown Gaithersburg, Derwood, Mont. Village Germantown, Boyds North Potomac Olney, Ashton, Brinklow, Sandy Spring Poolesville, Dickerson, Barnesville Potomac Rockville, North Bethesda Silver Spring, Burtsonsville, Takoma Park |
185 1 12 7 0 3 6 6 131 11 5 |
29 0 0 1 0 0 1 0 17 2 1 |
|
So is that home really a great deal for you? Bargains are definitely out there, but with so many homes available, make sure you have an in-depth understanding of the market for your areas of interest. And, above all, make sure that a getting a “deal” doesn’t distract you from finding the right home for your needs.
__________________________________________________________
| Do you have questions about upper bracket homes in Montgomery County? Call us at 301-527-9079 or send an email for more info about buying, selling and living in Montgomery County, Maryland. |  |
 |
