Bethesda’s residential real estate market remained robust in the month of June, with the median sold price for detached properties rising nearly 10% and an increase in new contract activity for townhouse and condo properties (Source: MarketStats by ShowingTime).
Here are additional insights from the June market activity report for Bethesda:
Detached Properties
*Median sold price was $1,050,000
*Average days on market (DOM): 52 days
*New contract activity decreased 36.8%
Townhouses
*Median sold price was $794,000
*Average DOM: 38 days
*New contract activity increased 75%
Condominiums
*Median sold price was $286,000
*Average DOM: 46 days
*New contract activity increased 79.2%
