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Real Estate Update for Chevy Chase, Maryland

Here's an update on the residential real estate market for zip code 20815.

The total dollar value of homes sold in Chevy Chase, MD during March 2010 was $19.5 million -- an increase of 55.72 percent over March of 2009.

The median sold price of homes was up 14.90 percent and the number sold jumped 31.58 percent, while days on the market dropped by 15.79 percent during that same timeframe.

So, it's a sellers' market in Chevy Chase at this moment.

Chevy Chase, MD Market Update

The total dollar volume of homes sold in Chevy Chase, Maryland during December 2009 was $27.6 million, which is a 22.84 percent increase over December of 2008.

The median selling price of homes during that same time frame was up 11.59 percent, and the number of homes sold increased by 16.67 percent.

So, the news for Chevy Chase home sellers was quite upbeat, compared to last year.  We'll be sure to keep you updated on the latest news, and please let us know if you have any questions!