Altos Market Data for Realtors

Bethesda, MD

Single-Family Homes

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Bethesda, MD

Thu Mar 28 2024
This week the median list price for Bethesda, MD is $2,398,000 with the market action index hovering around 46. This is less than last month's market action index of 49. Inventory has increased to 49. 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.

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Bethesda, MD

Thu Mar 28 2024
This week the median list price for Bethesda, MD is $2,398,000 with the market action index hovering around 46. This is less than last month's market action index of 49. Inventory has increased to 49. 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.

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Bethesda market.
Median List Price $2,398,000
Median Price of New Listings $1,707,500
Per Square Foot $471
Average Days on Market 63
Median Days on Market 35
Price Decreased 18%
Price Increased 2%
Relisted 2%
Inventory 49
Median Rent
Market Action 46
Strong Seller's Market

The market seems to have paused around this plateau. 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
$4,072,500 7,504 0.25 - 0.5 acre 6 6.8 7 2 0 28
$2,843,909 5,826 8,000 - 10,000 sqft 6 5.5 0 0 3 56
$2,247,500 5,239 0.25 - 0.5 acre 5 4.5 7 1 2 49
$1,650,000 3,293 6,500 - 8,000 sqft 5 4.5 70 5 4 7