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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Chevy Chase. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 301-728-0522.
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| Average Home Price | $750,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $550,000 - $599,000 |
| Worst Selling Price Range | $450,000 - $499,000 |
| Prices As % of Asking Price | 80-85% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | Equal buyers and sellers |
| Buyer Activity for the past 90 days in Chevy Chase is | Increasing |
| Seller Activity for the past 90 days in Chevy Chase is? | No Change |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Job Growth |
| Nearest Metro Area | Washington DC |
| Housing Hot Spots | Most cities within the Montgomery County area are considered 'Housing Hotspots' |
| Average Sold Price | $750,000 - View Graph Trend |
Chevy Chase Local News
News for Chevy Chase, MD - Tuesday April 6th, 2010 1:46am
Housing market is stable. Prices have not changed since last period. Home prices begin at $520,000 and continue on to the millions. More properties are coming on the market. This is a good time for buyers as the mortgage interest rate is still at the lowest level in many years.
Contact Information
Charlotte Walker
301-728-0522
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.61%
15 yr. jumbo rate: 3.97%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Charlotte Walker
Coldwell Banker Residential Brokerage
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 301-728-0522
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