Here's an update on the residential real estate market in the portion of Bethesda, MD encompassed by zip code 20814.
A total of $18,394,100 worth of homes and condos sold in 20814 during December 2009, which is a 37.76 increase from December 2008.
The median selling price of homes declined 1.92 percent, but the number of units sold jumped by 45.45 percent during this same time frame. Furthermore, the average days on the market dropped by 34.95 percent, indicating that homes sold significantly faster in December 2009 as compared to December of the previous year.
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