$2,849 Closing Credit*
$239,900
863 SqFt
1 Bed
•1 Full Bath, 1 Partial
Hamid Hadisichani, Listing Office: Fairfax Realty Premier
Is North Bethesda, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North Bethesda has remained a Seller's Market.
Key Takeaway
North Bethesda is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Bethesda, MD
How much do homes in North Bethesda, MD cost?
Median Sold Price
$613,500
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$99,187(+19.3%)
Key Takeaway
Homes in North Bethesda have sold for 19.3% more than they did a year ago.
Summary: The median home sold price in North Bethesda was $613,500 in November 2024, up 19.3% from last year, and the median price per square foot was $365.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $259.5K | $285K | +9.8% |
| 2 Bedrooms | $408K | $445K | +9.1% |
| 3 Bedrooms | $625K | $750K | +20.0% |
| 4 Bedrooms | $897K | $1.0M | +14.3% |
| 5+ Bedrooms | $1.3M | $1.6M | +20.4% |
Summary: North Bethesda housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 20.4%.
Housing Supply in North Bethesda, MD
How many homes are available in North Bethesda, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 166 | 155 | -6.6% |
Summary: The North Bethesda real estate market had 155 homes for sale in November 2024, a 6.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 28 | +21.7% |
| 2 Bedrooms | 51 | 46 | -9.8% |
| 3 Bedrooms | 32 | 28 | -12.5% |
| 4 Bedrooms | 31 | 30 | -3.2% |
| 5+ Bedrooms | 29 | 23 | -20.7% |
Summary: The North Bethesda housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.7%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 20.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 46 | -17.9% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Bethesda, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 46 homes were sold or pending in North Bethesda in November 2024, down by 17.9% month-over-month. Of the 46 sold homes, 35% were sold under asking, 15% were sold at asking, and 50% were sold over asking.
Days on Market for North Bethesda, MD
How long does it take to sell a home in North Bethesda, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 20 Days | -4.2% |
Summary: Homes in North Bethesda had an average of 20 days on market in Nov 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Bethesda are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 46 homes were sold in North Bethesda; 80% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
