Altos Market Data for Realtors
Bethesda, MD
Single-Family Homes
Schedule a demo today at altos.re.
Bethesda, MD
Fri Jan 24 2020
This week the median list price for Bethesda, MD is $1,697,450 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 94.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $1,697,450 | |
| Per Square Foot | $322 | |
| Days on Market | 125 | |
| Price Decreased | 40% | |
| Price Increased | 4% | |
| Relisted | 11% | |
| Inventory | 94 | |
| Median Rent | $3,650 | |
| Most Expensive | $5,950,000 | |
| Least Expensive | $670,000 | |
| Market Action | 40 | |
| Slight Seller's Advantage | ||
Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,999,888 | 7,852 | 0.5 - 1 acre | 5 | 5 | 18 | 2 | 1 | 156 |
| $1,800,000 | 6,124 | 0.25 - 0.5 acre | 6 | 5 | 1 | 2 | 1 | 146 |
| $1,374,500 | 4,571 | 8,000 - 10,000 sqft | 5 | 4 | 28 | 5 | 3 | 88 |
| $899,000 | 2,600 | 8,000 - 10,000 sqft | 4 | 3 | 62 | 4 | 3 | 112 |