Cara Pearlman

Chevy Chase, MD

Single-Family Homes

COMPASS - Maryland, DC & VA



Chevy Chase, MD

Mon Feb 06 2023
This week the median list price for Chevy Chase, MD is $2,372,500 with the market action index hovering around 54. This is an increase over last month's market action index of 52. Inventory has held steady at or around 10. Click here to stay informed with the Chevy Chase market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Chevy Chase, MD

Mon Feb 06 2023
This week the median list price for Chevy Chase, MD is $2,372,500 with the market action index hovering around 54. This is an increase over last month's market action index of 52. Inventory has held steady at or around 10. Click here to stay informed with the Chevy Chase market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Chevy Chase market.
Median List Price $2,372,500
Median Price of New Listings $1,674,000
Per Square Foot $664
Average Days on Market 59
Median Days on Market 42
Price Decreased 50%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent
Market Action 54
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,848,500 4,063 8,000 - 10,000 sqft 5 5 56 0 0 38
$2,629,437 2,457 0.25 - 0.5 acre 5 5.5 42 0 0 24
$2,150,000 3,520 0.25 - 0.5 acre 6 4.5 104 1 1 77
$1,419,000 2,716 8,000 - 10,000 sqft 4 3 100 1 2 126