Highlights on the state of Bethesda’s residential real estate market for the month of December 2017: Detached Homes The median sale price for detached properties in December was $1,037,000, representing a roughly 7% increase from November and 9% jump year-over-year (Source: MarketStats by ShowingTime). The average days on market for detached homes sold in Bethesda … Read More
Real Estate & Local News
Montgomery County Top 10 Home Sales – December 2017
5619 Bent Branch Rd, Bethesda, MD 20816 List Price: $2,879,900 Close Price: $2,800,000 8302 Woodmont Ave #900, Bethesda, MD 20814 List Price: $2,570,000 Close Price: $2,570,000 5610 Wisconsin Ave #1102, Chevy Chase, MD 20815 List Price: $2,399,000 Close Price: $2,300,000 11225 Huntover Dr, North Bethesda, MD 20852 List Price: $2,395,000 Close Price: $2,240,000 9301 Inglewood … Read More
Winter Home Maintenance Tips
Given the frigid temperatures we’ve been experiencing lately in D.C., now’s a great time to tackle some home maintenance measures that will keep your property in solid condition through a long winter season! Here are some tips: 1. Check and change heating system filters. Monitor water levels in your boiler and do not let them … Read More
Montgomery County Planning Board Approves Marriott HQ Plan
On December 14, the Montgomery County Planning Board unanimously voted to approve Marriot’s conceptual and site plans for the corporation’s new headquarters at 7550 Wisconsin Avenue. The development will include a 12-story, 238-key hotel with ground-floor restaurant, 8,000 square-foot meeting space, and third-floor “innovation lab” to be delivered in October 2021 as well as a … Read More
3 D.C. Neighborhoods to Watch in 2018
D.C. real estate website Curbed selected three up-and-coming neighborhoods in the district to watch in 2018: Deanwood Where it is: *Northeast Washington, a 2-square-mile community east of the Anacostia River Real estate landscape: *Mostly detached single-family homes along with rowhouses, duplexes, and a few apartment buildings Why it could see a 2018 resurgence: *Ranked #7 … Read More
Bethesda Real Estate Market Update – November 2017
Highlights on the state of Bethesda’s residential real estate market for the month of November 2017: Detached Homes The median sale price for detached properties in November was $970,000 in October, representing a 2.1% increase from October and 0.8% increase year-over-year (Source: MarketStats by ShowingTime). The average days on market for detached homes sold in … Read More
Prefab Partners to Bring Robot-Built Homes to the District
Washington Business Journal reports that Steve Salis, owner of Kramerbooks and Federalist Pig and co-founder of &pizza, and John Thompson, principal at EHD Design Build Group, have come together to create Prefab Partners (PFP), a development company that will bring new homes to the Palisades neighborhood of D.C. that are built in part by robots. … Read More
Montgomery County Top 10 Home Sales – November 2017
11400 Highland Farm Ct, Potomac, MD 20854 List Price: $5,250,000 Close Price: $4,800,000 9900 Bentcross Dr, Potomac, MD 20854 List Price: $3,488,000 Close Price: $3,425,000 5304 Sunset Ln, Chevy Chase, MD 20815 List Price: $3,325,000 Close Price: $3,325,000 9212 River Rd, Potomac, MD 20854 List Price: $3,175,000 Close Price: $2,880,000 6 Sedgwick Ln, North Bethesda, … Read More
Virginia Ranks #5 on Forbes’ ‘Best States for Business’
Forbes magazine ranks Virginia #5 on its annual Best States for Business list, which measures six broad categories for businesses: costs, labor supply, regulatory environment, current economic climate, growth prospects, and quality of life. Virginia earned top marks because of its relatively low amount of regulation, robust incentive offerings, and government policies that are conducive … Read More
DC Home Prices Hit Record Levels in October
The median price of a house or condominium that sold in DC last month was $550,000, representing the highest level on record for October and 1.3% increase year-over-year, according to the Greater Capital Area Association of Realtors. It remains an extremely tight seller’s market in DC as inventory is scarce relative to demand. Half the … Read More