Property prices for sale in Bethesda (Maryland)

The prices in real estate in Bethesda, in the Maryland region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$923,403.17
Average price last 6 months
$381.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Bethesda has fallen in the last 6 months. In July, the average price per sq.feet was $405. In August this price pretty much remained the same at a value of $394 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $399.5 to $388.5 per sq.feet. The price per sq.feet has decreased 90 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $394 to $356.5 during November, and December.

Average price

Based upon to the price in Bethesda (cities), this has gone downing the last 6 months. The average price for July is $1,028,013. During August the price had a slight fall till $912,644. In the following two months the average price has remained the same with regard to the previous two months from $970,328.5 to $947,355. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $958,841.75 to $852,526 in November and December.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $827,767 they are 66 % more affordable than the average price for Bethesda. The properties with the highest average price have 4 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 3 bedrooms priced at $891,070.

With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $369 / sq.feet, with an average $359 / sq.feet price in Bethesda. The properties with the highest average prices have 4 bedrooms. They are 18 % more expensive than the average followed by properties with 3 bedrooms with a price at $419 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $827,767 it is 54 % cheaper than the average price in Bethesda. "Farm" is seen as the second most affordable property type. The dearest property type is "Office" followed by "Duplex". At a price of $1,410,933 it is 71 % more expensive than the average price.

According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $374 / sq.feet followed by "House" priced at $382 / sq.feet. "Office" is the most costly type of property with a $4,162 / sq.feet cost followed by "Farm" with an average price of $814 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Bethesda
Number of properties used in region Maryland
$827,767
$359
6,106
334,180
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value