HOMESbyRP of eXp Realty / Richard Pearrell

Bethesda, MD

Single-Family Homes

https://HOMESbyRP.com GRI, Associate Broker DC, MD, VA & REALTOR® in FL at eXp Realty, LLC / (301) 991-7061 /


Bethesda, MD

Tue Apr 15 2025
This week the median list price for Bethesda, MD is $2,242,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has increased to 108. Click here to stay informed with the Bethesda market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Bethesda, MD

Tue Apr 15 2025
This week the median list price for Bethesda, MD is $2,242,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has increased to 108. Click here to stay informed with the Bethesda market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Bethesda market.
Median List Price $2,242,000
Median Price of New Listings $1,379,000
Per Square Foot $466
Average Days on Market 74
Median Days on Market 35
Price Decreased 31%
Price Increased 2%
Relisted 7%
Inventory 108
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,800,000 7,821 0.25 - 0.5 acre 6 6.5 3 1 1 49
$2,559,300 5,555 8,000 - 10,000 sqft 6 5.5 1 2 2 56
$1,895,000 4,368 6,500 - 8,000 sqft 5 4.5 32 6 3 28
$1,245,000 2,450 8,000 - 10,000 sqft 4 3 69 12 8 7