Bethesda Real Estate

November 29, 2016

Real Estate Market Snapshot – Election 2016

Ever since the rather surprising outcome of the 2016 election, we have been asked by many how we think the new administration will affect the real estate market.  Like the stock market, the real estate market is not entirely predictable but there are some clues. Also, as in the stock market, the real estate market has individual sectors that may react differently from one another.  For example, impacts of geographic areas, varying price […]
October 7, 2016

Sold! Light-filled Contemporary Home in Bethesda

5216 Carlton St, Bethesda Glen Mar Park Neighborhood LIST PRICE:  $1,315,000 – Call for Sold Price Entertainer’s dream home with floating glass-wood staircase and open floorplan. Sun-drenched contemporary with 6 bedrooms and 5-1/2 bathrooms,  9’+ ceilings, walls of glass, four gas fireplaces and large screened porch that opens to a flagstone patio and private fenced backyard.  Ideal open kitchen to large dining area and family room. The sumptuous master suite offers a gas fireplace and […]
August 26, 2016

Sold! Charming Colonial with Room to Play!

5810 Augusta Lane, Bethesda, MD 20816 List Price: $819,000 – SOLD!  Call for sale price. Click Home Tour to see the additional photos and floorplan tour. Ideally located in Glen Mar Park off Massachusetts Ave, this classic brick colonial features a renovated kitchen with stainless steel appliances, new cabinetry, granite countertops and tile flooring.  Formal living room with wood-burning fireplace & mantle opens to a screened porch with a ceiling fan.  Spacious family room off the kitchen and a convenient bathroom and […]
August 15, 2016

Sold! Sumner Home with Two-Story Addition on a Cul-de-sac

5112 Westpath Court, Bethesda Sumner Neighborhood LIST PRICE: $1,295,000 – SOLD!  Call for sale price. A truly special offering, this 4+ bedroom home is located on a quiet cul-de-sac in the sought-after Sumner community. Lovingly maintained, it offers a smartly designed two-story addition. The expanded kitchen, large family room and upper level master bedroom suite are sure to please!  The kitchen offers custom wood cabinetry, granite counters, top of the line stainless steel appliances and a large island […]
March 7, 2016

Radon Gas. A Silent Killer.

Montgomery County Council passes first mandated radon testing law in U.S. According to the Environmental Protection Agency (EPA) radon gas is responsible for the deaths of some 21,000 Americans a year.  The Cancer Institute states that the #1 cause of lung cancer outside of smoking is radon gas.  This past November the Montgomery County Council unanimously approved a bill that will require most single-family homes be tested for radon prior […]
January 5, 2016

2015 Real Estate Year in Review

It was a solid year of price performance for homes in our Bethesda area in 2015. The average price of detached home in Bethesda (zip codes 20814, 20816 and 20817) climbed to $1,117,073, an increase of 2% over 2014. The median price of a detached home was $945,000, an increase of 2.6% over 2014. That may not seem like much but by way of comparison, the S&P 500 index finished […]
December 30, 2015

Top 3 Impacts to Home Ownership in 2015

The Year 2015 brought with it some important changes for homeowners and would-be home buyers in Montgomery County and nationwide. Here are the top 3 changes this past year: Federal Reserve Rate Hike On December 16th, 2015, the Fed raised interest rates by 0.25% for the first time since June 2006. While mortgage rates will not drastically increase quite yet, you can certainly expect to a see a gradual and […]
March 31, 2015

The Westbard Vision

Equity One, a publicly-traded real estate investment trust specializing in neighborhood retail shopping centers, acquired Westbard Shopping Center, Westwood Center II, Westwood Towers, Springhouse by Manor Care, Bowlmor Lanes and two Citgo gas stations on Westbard Avenue in Bethesda.  The properties stretch over 22 acres. The company states that their mission is to create a “modern, comfortable gathering space offering convenient shopping and dining integrated with community spaces, green places and a […]
January 5, 2015

Bethesda Home Prices Surpass Record!

Home prices in the Bethesda area have surged forward this year eclipsing the annual record detached home price set in 2007. On January 5th, Bethesda Magazine published an article reflecting this data, quoting Brian Maury of Maury Real Estate, on its local daily news website, Bethesda Beat.  According to data from our local multiple listing service, the average price of a detached home in Bethesda (zip codes 20814, 20816, and […]