Maryland Montgomery Homes for Sale

January 21, 2008

BETHESDA MD REAL ESTATE. UNDERSTANDING PRICES AND SUBSIDIES, THE NETOGIATION PERSPECTIVE

BETHESDA HOMES are very popular in Montgomery County, MD.  People buy homes in Bethesda because of the proximity to Washington, D.C., for the very highly ranked public schools, location of several METRO Stations and out of this world shopping. 

Understanding the market for Bethesda real estate is critical to getting the best price for your home of choice.  The table below is a report of homes in Bethesda that SOLD between December 1, 2007 through January 20, 2008.  Listed by List Price but also showing the original prices, SOLD Price, seller subsidy and the Days on the Market for the properties.  Published SOLD statistics do not always report Original Price or Seller Subsidy.  These numbers are important when determining the NET for comparable homes in an area.

       UNDERSTANDING THE BETHESDA REAL ESTATE MARKET       

HOMES IN BETHESDA

    Bethesda real estate

   BETHESDA HOME VALUE ABOUT $750,000                          BETHESDA HOME VALUE ABOUT $1,300,000

                                                Average Price for homes in Bethesda is $1,579,000.                         Map Bethesda MD                 
BETHESDA DEMOGRAPHICS
FINANCIAL PROFILE

Median Income $144,405
Average Income Families
W/Children $187,422
Cost of Living Index 114.55% of US Average
Population 56,287
Land Area 13.1 square miles
Population Density 4220 per square mile
Average Age 41.4 years
Married 52.2%
Married W/Children 28.6%
High School Graduates 98.3%
College Graduates 83.4%  
Employment
Professional 49.5%
Managerial 26.2%
Sales 8.1%
Education
Average SAT Scores 1261
Math - 639
Verbal - 622
College/Advanced 91.0%
Expenditures Per Student $10,726

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Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, E-Mail

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