Bethesda

Bethesda (zips 20814, 20816 and 20817) is largely confined inside the Beltway and the I-270 spur. Cabin John and Glen Echo (20818 and 20812) are small communities south of Bethesda along the Potomac River.  Most homes in Bethesda, Cabin John and Glen Echo are assigned to the Walter Johnson, Bethesda Chevy-Chase and Whitman public school clusters.  Some neighborhoods outside of the Beltway are assigned to the Churchill Cluster.  Always verify a home’s school assignment at MCPS.

Bethesda Home Prices

What can you buy in the Bethesda? Here’s a quick summary of available inventory by price range and type of home. Scroll down to see a list of all homes available in this area.

Bethesda Homes for Sale

Showing properties 1 - 10 of 255. See more Available Homes for Sale in Bethesda.
(all data current as of 2/4/2012)

1. $589,000 : 6004 Henning St, Bethesda
   
   4 beds, 2 full baths

   Lot size: 9,389 sq ft

   Year built: 1949

   Days on market: 1
2. $479,900 : 5238 Pooks Hill Rd #D-22, Bethesda
   
   3 beds, 2 full, 1 part baths

   Home size: 2,431 sq ft

   Year built: 1972

   Parking spots: 1

   Days on market: 1
3. $1,099,999 : 5630 Newington Rd, Bethesda
   
   5 beds, 5 full baths

   Lot size: 8,982 sq ft

   Year built: 1956

   Parking spots: 1

   Days on market: 1
4. $899,000 : 4701 Fort Sumner Dr, Bethesda
   
   4 beds, 2 full, 2 part baths

   Lot size: 6,691 sq ft

   Year built: 1971

   Parking spots: 1

   Days on market: 1
5. $475,000 : 4940 Sentinel Dr #4-201, Bethesda
   
   2 beds, 2 full baths

   Home size: 1,410 sq ft

   Year built: 1973

   Days on market: 1
6. $475,000 : 12 Mckay Cir #0, Cabin John
   
   3 beds, 1 full bath

   Home size: 1,104 sq ft

   Year built: 1942

   Days on market: 2
7. $319,000 : 5003 Sentinel Dr #22, Bethesda
   
   2 beds, 1 full bath

   Home size: 1,400 sq ft

   Year built: 1973

   Days on market: 2
8. $1,829,000 : 4838 Montgomery Ln, Bethesda
   
   3 beds, 3 full, 2 part baths

   Home size: 3,600 sq ft

   Lot size: 1,689 sq ft

   Year built: 1998

   Parking spots: 3

   Days on market: 3
9. $880,000 : 6708 Pawtucket Rd, Bethesda
   
   4 beds, 3 full, 2 part baths

   Lot size: 9,232 sq ft

   Year built: 1965

   Parking spots: 1

   Days on market: 3
10. $210,000 : 5225 Pooks Hill Rd #927 N, Bethesda
    
    1 bed, 1 full bath

    Home size: 981 sq ft

    Year built: 1975

    Parking spots: 2

    Days on market: 3

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Distress Sales in Bethesda

Showing properties 1 - 10 of 23. See more Bank Properties and Short Sales in Bethesda.
(all data current as of 2/4/2012)

1. $239,000 : 5101 River Rd #1409, Bethesda
   
   1 bed, 1 full bath

   Home size: 1,020 sq ft

   Year built: 1980

   Days on market: 3
2. $159,900 : 7501 Democracy Blvd ##B115, Bethesda
   
   1 bed, 1 full bath

   Home size: 840 sq ft

   Year built: 1973

   Parking spots: 1

   Days on market: 19
3. $599,328 : 6424 Earlham Dr, Bethesda
   
   4 beds, 2 full, 1 part baths

   Home size: 3,058 sq ft

   Lot size: 6,540 sq ft

   Year built: 1962

   Days on market: 31
4. $275,000 : 4801 Fairmont Ave #311, Bethesda
   
   1 bed, 1 full bath

   Home size: 626 sq ft

   Year built: 1990

   Parking spots: 1

   Days on market: 36
5. $165,000 : 7517 Spring Lake Dr #C-2-75, Bethesda
   
   1 bed, 1 full bath

   Home size: 754 sq ft

   Year built: 1975

   Parking spots: 1

   Days on market: 58
6. $1,345,000 : 7316 Bradley Blvd, Bethesda
   
   6 beds, 5 full, 1 part baths

   Lot size: 29,899 sq ft

   Year built: 1965

   Parking spots: 3

   Days on market: 80
7. $650,000 : 9706 Parkwood Dr, Bethesda
   
   5 beds, 3 full baths

   Lot size: 10,500 sq ft

   Year built: 1950

   Parking spots: 3

   Days on market: 85
8. $875,000 : 5225 Pooks Hill Rd #1810-12s, Bethesda
   
   3 beds, 3 full, 1 part baths

   Home size: 3,800 sq ft

   Year built: 1974

   Parking spots: 6

   Days on market: 92
9. $339,000 : 30 Dudley Ct #16, Bethesda
   
   2 beds, 2 full, 1 part baths

   Home size: 1,435 sq ft

   Year built: 1981

   Parking spots: 2

   Days on market: 104
10. $159,000 : 7505 Democracy Blvd #A212, Bethesda
    
    0 beds, 1 full bath

    Home size: 528 sq ft

    Year built: 1975

    Parking spots: 1

    Days on market: 113

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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Signs of Recovery for Luxury Homes in Montgomery County?

January 19th, 2011 Categories: Bethesda, Luxury Homes, Market Updates, Potomac

Sales of upper bracket homes have suffered over the last couple of years, yet 2010′s numbers show signs of a turnaround.  Is this the beginning of a recovery for this segment of the market, or are we seeing a dead cat bounce (apologies to cat lovers)?  Let’s take a look.

Most Expensive Sales in 2009 and 2010

Before we dig into the numbers, let’s look at the five most expensive sales in 2009 and 2010. Read the rest of this entry »

Posted by Bruce Lemieux | 2 Comments »

The State of Our $2M+ Real Estate Market

September 15th, 2010 Categories: Bethesda, Luxury Homes, Market Updates, Potomac

Even in today’s market, you’ll see sprawling new estates sprout up along River Road in Potomac.  A few of our clients heard that the upper end of the market was really strong, and others heard it was really soft.  So who’s right?  Let’s take a look at the stats.

Sales History Since 2005

Our market peaked in 2005/2006, so I went back to 2005 to summarize all sales for homes listed $2M or higher:

The sales stats show the demand for $2M+ homes has steadily declined since 2006.  I noted the Lehman Brothers Bankruptcy since it heralded the beginning of the current Great Recession.  Still, credit for high-end properties  tightened-up many months before that.  My own personal benchmark was a very tough $1M closing in March of 2008.  The buyer got what could have been the last jumbo loan with 5% down offered by Bank of America.

Taking a look at annual sales better shows this trend:

Location of 2M+ Sales

It’s no surprise that most of these home sales were located in Bethesda, Chevy Chase and Potomac.  What may be a little surprising is that practically all sales in Montgomery County occurred here – 98%.

Days to Sell

Let’s look at one more metric: time required to sell.  Compared to other price ranges, the most expensive homes have always taken longer to sell.  Since 2006, the average number of days to sell has gone up every year.

As home prices have come down, home buyers in this price segment can get a lot more house for the money.  Still, these trends tell us that downward pricing pressure is still very strong.  Contact us and we can help guide your home search in this market segment of Montgomery County.

Posted by Bruce Lemieux | Leave A Comment

Bethesda Contracts in 2010

June 14th, 2010 Categories: Bethesda

The overall contract activity in Bethesda, Chevy Chase and Kensington is 15% higher than 2009.  Compared to other areas, this increase may seem tepid.  Don’t be fooled – the market here is very healthy and has weathered the recent boom-and-bust years better than any other area in Montgomery County.  Foreclosures and short sales continue to be rare keeping home prices stable.

Contact us for information about the market in Bethesda and see these stats for other areas in Montgomery County.

Posted by Bruce Lemieux | Leave A Comment

Home Tour in Bethesda

December 2nd, 2009 Categories: Bethesda

What can you get for $1 million dollars in Bethesda?  How much would one pay for a nice, new construction in Bethesda?  OK, how about something cheap.  What will $700,000 buy?

These are common questions that we get from home buyers interested in a great Bethesda location.  With this in mind, I toured three homes that answer these basic questions. Read the rest of this entry »

Posted by Bruce Lemieux | Leave A Comment

Bethesda and Chevy Chase Pricing Trends

August 9th, 2009 Categories: Bethesda

Bethesda continues to prove it’s a rock solid real estate market in Montgomery County.  Compared to the previous six months in 2008, home prices have been pretty consistent in all price segments.  Transaction volume for only the priciest homes have been lower this year.  Overall, the number of contracts are up 11%.  Here’s a breakdown of the contracts by price range: Read the rest of this entry »

Posted by Bruce Lemieux | Leave A Comment

Bethesda Beauty

July 29th, 2009 Categories: Bethesda

Home buyers love Bethesda.  Homes here are minutes to D.C., the Beltway, employment centers and a restaurant mecca. The challenge is finding an affordable home on a spacious lot.  This home has it all.  Priced well under $700,000, a buyer can make updates needed to really make it sparkle.

Posted by Bruce Lemieux | Leave A Comment

Bethesda Market Update

June 28th, 2009 Categories: Bethesda

The overall real estate market for homes in Bethesda, Chevy Chase and Kensington is healthy in most price ranges.  Read the rest of this entry »

Posted by Bruce Lemieux | 1 Comment »

Snapshot of Million Dollar Homes in Montgomery County

January 21st, 2009 Categories: Bethesda, Luxury Homes, Potomac

Amidst declining home values in Montgomery County, we still have a healthy market for homes in the upper brackets.  In 2008, 770 homes priced $950,000 or more sold for a total of $1.1 billion (with a ‘B’).  For all price ranges, about 8,500 homes sold for a total of $4.27 billion.  So even though 770 homes represents only about 9% of the number of homes sold, this was over 25% of the total sales volume for the year.

Over 80% of all homes in this price range sold in Bethesda, Potomac and Chevy Chase.  Of these areas, Chevy Chase has the Read the rest of this entry »

Posted by Bruce Lemieux | Leave A Comment

Chasing turkeys in Bethesda – a great Thanksgiving tradition

November 26th, 2008 Categories: Bethesda, Things to Do

In Bethesda’s earliest days in the 1800s, the swiftest Bethesdians would leave their homes before dawn on Thanksgiving day, enter the ancient and remote forests of Rockville and search for the largest and fiercest turkeys of the woodlands.    Once found, the runners would surround and chase the birds through down-town Bethesda.  Much like the running of the bulls in Pamplona, the entire town would come out to run with the noble birds on a 6 mile loop through town.  After the turkeys escaped back into the forest, residents would hitch-up their German-engineered wagons and drive to Read the rest of this entry »

Posted by Bruce Lemieux | Leave A Comment

The spigot may be closing for Bethesda new construction

November 3rd, 2008 Categories: Bethesda

I’ve recently been working with a couple clients interested in new construction “infill” homes in Bethesda.  We’ve seen quite a few homes, but notice fewer homes are coming to the market.  This is an interesting segment of our market in which older homes have been demolished and replaced with new construction.  The average quality of these homes is very good with extensive use of hardwood flooring, fantastic kitchens, custom mouldings and premium bathroom amenities.  Add a great ‘close-in’ location, and you have product that area home buyers love.  A few trends are working to reduce the introduction of new homes Read the rest of this entry »

Posted by Bruce Lemieux | Leave A Comment