Homes near the White Flint Metro station

By
Real Estate Agent with Century 21 Trademark Realty MD581725

Today’s View – May 28 2013 – Homes near White Flint Metro

This is a market report on homes within 1 mile of the White Flint Metro station in North Bethesda, Md. 20852.  At the time of the report (05/28/2013) there are 34 such homes on the market FOR SALE, 61 are currently under contract, and another 27 that have sold in the last 30 days.  Some of these homes are detached homes, others are townhouses and some are condo apartments too.  The current absorption rate (Active/Sold on the last month) is 1.26, clearly a sellers market.

 

Studio Apartments

There is at the time of this report no studio apartment on the market for sale in the area cover by this report.  There is one studio apartment under contact at this time. The last known list price of home is $184,900 and has been on the market for a just over five months (154 days).  No studio apartment has successfully completed the sales process in the last thirty days.

 

Single Bedrooms

There are six single bedroom homes in this market place for sale. These homes range in price from a low of $197,445 to $439,900, with the median being $337,250.  The days on market for these homes ranges from a single day to approaching a month (25 days), with the median approaching two weeks (12 days).

There are seven single bedroom places in our report area that are under some form of contract.  The last known list price of these ranged from $175,000 to $295,000 with the median being $250,000.  The days on market for these homes ranges from less than a a week (3 days) to nearly two and a half months (74 days) with the median being nearly three weeks (19 days).

In the last 30 days three single bedroom places in this market place have successfully completed the sales process. The closing price of these homes ranged from $255,500 to $319,000, with the median being $308,500.  The days on market for these homes ranges from approaching a week (4 days) to two weeks (13days), with the median being a week (7 days).

 

Two Bedrooms

Clearly the majority of the homes for sale in the report area are the 16 two-bedroom homes. These homes range in price from a low of $180,000 to $649,000, with the median being $470,335.  The days on market for these homes ranges from approaching a week (5 days) to approaching eight months (231 days), with the median approaching a month (26 days).

There are another 20 two-bedroom homes in this market place that are under some form of contract at this time.  The last known list price of these homes ranged from $100,000 to $689,000, with the median being $412,450.  The days on market for these homes ranged from less than a week (2 days) to approaching two months (55 days) with the median being two weeks (13 days).

In the last 30 days. 10 two-bedroom homes in this market place have successfully completed the sales process. The closing price of these homes ranged from $153,500 to $520,000, with the median being $364,500.  The days on market for these homes ranged from a nearly a week (4 days)  to over two months (67 days) with the median bring just a week (6 days).

 

Three Bedrooms

There are seven three-bedroom homes in this market place for sale. These homes range in price from a low of $399,999 to $959,000, with the median being $700,000.  The days on market for these homes ranges from nearly a week (5 days) to approaching two months (52 days), with the median being a over a week (11 days).

There are 22 three-bedroom homes in our report area that are under some form of contract.  The last known list price of these homes ranged from $215,000 to $2,000,000 with the median being $547,168.  The days on market for these homes ranges from nearly a week (3 days) to over four months (1311 days) with the median being just over a week (10 days).

In the last 30 days, nine three-bedroom homes in this market place have successfully completed the sales process. The closing price of these homes ranged from $305,000 to $935,000, with the median being $670,000.  The days on market for these homes ranged from a single day to over a month (36 days) with the median being a week (7days).

 

Four Bedrooms

There are five four-bedroom homes in this market place for sale. These homes range in price from a low of $359,900 to $1,265,000, with the median being $425,000.  The days on market for these homes ranges from two weeks (16 days) to just over two months (67 days), with the median being a month (32 days).

There are another seven four-bedroom homes in this market place that are under some form of contract at this time.  The last known list price of these homes ranged from $515,000 to $925,000, with the median being $775,000.  The days on market for these homes ranged from less than a week (4 days) to a month (28 days) with the median being a week (5 days).

In the last 30 days, two four-bedroom homes in this market place have successfully completed the sales process. The closing prices of these homes were $433,000 and $530,000.  The days on market for these homes were both six three days.

 

Five Bedrooms

There are no five-bedroom home in the market area for sale at this time.

There are three five-bedroom homes in this market place that are under some form of contract at this time.  The last known list price of these homes ranged from $325,000 to $850,000, with the median being $355, 00  The days on market for these homes ranged from a month (35 days) to over five months (158 days), with the median being two months (60 days). 

In the last 30 days, two five-bedroom homes in this market place have successfully completed the sales process. The closing prices of these homes were $652,000 and $898,900.  One of these homes was on the market for a week (5 days) while the other took two months.

 

Six Bedrooms

There are no six-bedroom homes in the report area for sale at this time. There is one six-bedroom home under contract in the market area.  The last known list price of this home is $1,899,900 and was on the market for seven months (214 days).  One six-bedroom home in the market area has completed the sales process in the last 30 days.  This home sold for $1,045,000 after being on the market for a month (33 days).

If you have any questions about this report or wanting to discuss the possibility of moving into the community or selling your home please call me, leave me a note, or send me an email.  I am looking forward to helping you.

Posted by

Robert J. Force
Century 21 Trademark Realty
11426 Rockville Pike.
North Bethesda, Md. 20852

(301) 237-2277  (c)
(301) 230-2300  (w)

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Hope this was of some value to you.

Please ICE your cellphones!

May this FORCE be with you

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Topic:
ActiveRain Community
Location:
Maryland Montgomery County North Bethesda
Groups:
Market Reports
City & State: Listings and Market Reports
The Ninety-ninth Percentile
Posts to Localism
1st Time Buyers
Tags:
market report
white flint metro

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Rainmaker
529,156
Ed & Tracy Oliva
Arizona Agents
West USA Realty - Arizona

Bob this is some great Info for all in your area,  keep up the good work and good luck with your business,  E

May 28, 2013 06:36 PM
Rainmaker
328,897
Bob Force (REALTOR®)
The FORCE in Maryland Real Estate
Century 21 Trademark Realty

Folks:

Thanks for taking the time to stop by, read, and post a comment.  Now I just need someone to stop and buy.

 

May 28, 2013 07:04 PM
Rainmaker
646,544
June Piper-Brandon
Piecing Dreams One Home at a Time
Century 21 New Millenium

Bob,  This is great information for buyers thinking about taking the plunge into your market.  Thanks for stopping by my blog and good luck with the Buffini Peak Producers program, it works!!

May 29, 2013 04:14 AM
Rainmaker
374,595
Kerry Lucasse
Your Nest Atlanta Real Estate Consultant
eXp Realty - Nest Atlanta Team

VERY thorough real estate update, Bob!  I'm sure that homeowners and potential buyers find it extremely helpful.

BTW - I've heard of Flint, Michigan but have never heard of White Flint Metro -- glad you're here and helping to put it on the map!  :)

May 29, 2013 07:15 AM
Ambassador
805,988
Debbie Laity
Your Real Estate Resource for Delta County, CO
Cedaredge Land Company

Hi, Bob...great market information for homes near White Flint Metro Station.

May 29, 2013 04:56 PM
Rainmaker
328,897
Bob Force (REALTOR®)
The FORCE in Maryland Real Estate
Century 21 Trademark Realty

Kerry:

This is market report for homes located within 1 mile of the White Flint Metro station.  This ia subway stop located in N. Bethesda Md.

May 29, 2013 04:58 PM
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Rainmaker
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Bob Force (REALTOR®)

The FORCE in Maryland Real Estate
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