Professional Documents
Culture Documents
This Week
Real-Time Market Profile Trend
Median List Price $ 992,000 ≠≠
Asking Price Per Square Foot $ 270 ±+
The median list price in BETHESDA, MD 20816 this week is Average Days on Market (DOM) 192 ==
$992,000.
Percent of Properties with Price Decrease 31 %
Percent Relisted (reset DOM) 14 %
Inventory has been tightening and days-on-market increasing
recently. The Market Action Index has been basically flat, not Percent Flip (price increased) 0%
providing strong indication for market conditions. Median House Size (sq ft) 4112
Median Lot Size 6,501 - 8,000 sqft
Median Number of Bedrooms 4.0
Median Number of Bathrooms 4.0
The market has settled in at a relative stasis in inventory and sales ±+ No change == Strong upward trend ≠≠ Strong downward trend
conditions. It's a Buyer's market that has seen prices trend lower.
Expect that consistent up trends in demand will be required before = Slight upward trend ≠ Slight downward trend
price trends change significantly.
Price
Market Action Index Prices in this zip code have been on a downward trend recently
and this week, while essentially flat, doesn't break us out of that
cycle.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
6,501 -
Upper/Second $ 1,185,000 3997 8,000 sqft 4.0 4.0 51 9 0 0 159 Upper-middle 25% of properties
6,501 -
Lower/Third $ 899,000 3445 8,000 sqft 4.0 4.0 49 9 0 0 89 Lower-middle 25% of properties
4,501 -
Bottom/Fourth $ 675,000 6,500 sqft 3.0 2.0 70 9 0 0 227 Least expensive 25% of properties
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2009 Altos Research LLC