Bethesda houses sitting…

[Anonymous]

Anonymous wrote:Crime is getting out of control in MoCo. Bethesda is a crime ridden cesspool. See the video of the Bethesda CVS getting looted? MoCo is in steep decline.

Maybe. But it’s not like DC and close-in northern VA are safer.

[Anonymous]

two from that list are now contingent.

[Anonymous]

Anonymous wrote:Crime is getting out of control in MoCo. Bethesda is a crime ridden cesspool. See the video of the Bethesda CVS getting looted? MoCo is in steep decline.

Where in MoCo? Which CVS in Bethesda?

[Anonymous]

I go out in Bethesda with friends frequently and am out relatively late (by suburb standards). The idea that Bethesda is unsafe is laughable. Try spending some time outdoors in any of the walkable areas and you can judge for yourself. It's about as much of a sheltered bubble as you will find these days.

[Anonymous]

Anonymous wrote:two from that list are now contingent.

I think the Bradmoor house will go for ask, but not above which it would have 6 months ago. I’ll be surprised if the Custer house gets $2.9.

[Anonymous]

Anonymous wrote:OP here.

These are ones sitting near me…

8 DOM (which isn’t long but it would have been under contract in one day a few months ago) https://www.redfin.com/MD/Bethesda/8606-Bradmoor-Dr-20817/home/10662058

9 DOM
https://www.redfin.com/MD/Bethesda/5510-Northfield-Rd-20817/home/10646715

14 DOM
https://www.redfin.com/MD/Bethesda/6705-Pemberton-St-20817/home/10668732

DOM 17 (I know there was a whole thread on this Tudor- it went hinder contract and is now active again. My guess is the inspection revealed something)
https://www.redfin.com/MD/Bethesda/5908-Bradley-Blvd-20814/home/10701660

DOM 36
https://www.redfin.com/MD/Bethesda/5824-Lenox-Rd-20817/home/10668390

DOM 44
https://www.redfin.com/MD/Bethesda/8220-Custer-Rd-20817/home/10646809

There are also a few houses that are $3.5M and up but not ever including those because the buyer market is so tiny…

It just seems like this is more inventory this area has had sitting for a while.

The house on northfield sold for 1.76 in 2017. Since then, the value has increased, interest rates have almost doubled, and property tax is increasing. It is mind boggling that anyone is able to buy now (in this area) unless they have all cash.

[Anonymous]

I was looking at this one (focusing on Bannockburn) and it went under contract in five days.

https://www.redfin.com/MD/Bethesda/6306-Bannockburn-Dr-20817/home/10678609

[Anonymous]

Anonymous wrote:I was looking at this one (focusing on Bannockburn) and it went under contract in five days.

https://www.redfin.com/MD/Bethesda/6306-Bannockburn-Dr-20817/home/10678609

This is nicer than some of the ones OP listed that are $3M+

Why is Kenwood park such an overpriced area?

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP here.

These are ones sitting near me…

8 DOM (which isn’t long but it would have been under contract in one day a few months ago) https://www.redfin.com/MD/Bethesda/8606-Bradmoor-Dr-20817/home/10662058

9 DOM
https://www.redfin.com/MD/Bethesda/5510-Northfield-Rd-20817/home/10646715

14 DOM
https://www.redfin.com/MD/Bethesda/6705-Pemberton-St-20817/home/10668732

DOM 17 (I know there was a whole thread on this Tudor- it went hinder contract and is now active again. My guess is the inspection revealed something)
https://www.redfin.com/MD/Bethesda/5908-Bradley-Blvd-20814/home/10701660

DOM 36
https://www.redfin.com/MD/Bethesda/5824-Lenox-Rd-20817/home/10668390

DOM 44
https://www.redfin.com/MD/Bethesda/8220-Custer-Rd-20817/home/10646809

There are also a few houses that are $3.5M and up but not ever including those because the buyer market is so tiny…

It just seems like this is more inventory this area has had sitting for a while.

The last one on your list, Custer Road, which had an asking price of $2.9 million, went under contract in the last day or two. (Almost certainly under asking, we'll see.)

https://www.redfin.com/MD/Bethesda/8220-Custer-Rd-20817/home/10646809

The Custer house sold on June 14 for $2.875 million, only $24k under asking.

https://www.redfin.com/MD/Bethesda/8220-Custer-Rd-20817/home/10646809

[Anonymous]

Bethesda market is scorching hot! Buy them now before prices get higher.

[Anonymous]

Anonymous wrote:Bethesda market is scorching hot! Buy them now before prices get higher.

100% This one just went for 122k over asking. Just goes to show that great homes near the schools are still a hot commodity.

https://www.redfin.com/MD/Bethesda/7708-Massena-Rd-20817/home/10674080

[Anonymous]

Anonymous wrote:Bethesda market is scorching hot! Buy them now before prices get higher.

Agent stirring the pot!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP here.

These are ones sitting near me…

8 DOM (which isn’t long but it would have been under contract in one day a few months ago) https://www.redfin.com/MD/Bethesda/8606-Bradmoor-Dr-20817/home/10662058

9 DOM
https://www.redfin.com/MD/Bethesda/5510-Northfield-Rd-20817/home/10646715

14 DOM
https://www.redfin.com/MD/Bethesda/6705-Pemberton-St-20817/home/10668732

DOM 17 (I know there was a whole thread on this Tudor- it went hinder contract and is now active again. My guess is the inspection revealed something)
https://www.redfin.com/MD/Bethesda/5908-Bradley-Blvd-20814/home/10701660

DOM 36
https://www.redfin.com/MD/Bethesda/5824-Lenox-Rd-20817/home/10668390

DOM 44
https://www.redfin.com/MD/Bethesda/8220-Custer-Rd-20817/home/10646809

There are also a few houses that are $3.5M and up but not ever including those because the buyer market is so tiny…

It just seems like this is more inventory this area has had sitting for a while.

With some of these, I agree with you that it may be a sign of the market in Bethesda slowing down. But I think a couple, notably the $3.3 million listing on Lenox and the $2.9 million listing on Pemberton, are examples of agents/owners trying to push the market higher and failing, as opposed to listing at market rates and having houses go under contract quickly.

Here is an example of the opposite, a home in Mohican Hills listed for a hair under $2.5 million that went under contract almost immediately, leading the seller to cancel the open house.
https://www.redfin.com/MD/Bethesda/6212-Dahlonega-Rd-20816/home/10649257

And this one just down the street from that went under contract six days after hitting the market at $2.495 million and closed a couple of days ago at that exact price.
https://www.redfin.com/MD/Bethesda/5504-Mohican-Rd-20816/home/10649127

So I might agree that sellers trying to push the market higher may be stalling in those efforts, but sellers who price in line with comps from recent months are still moving their houses quickly in Bethesda.

Another theory is that buyers are reluctant to pay top dollar for new and newer builds that are closer to the areas that might be reassigned away from Whitman when the new Woodward High School opens in a few years. My guess -- and it's only a guess --- is that houses currently zoned for Whitman that are north of Bradley Boulevard, like the Northfield and Bradmoor listings that PP highlighted, could end up being rezoned to Walter Johnson or Woodward, depending on what MoCo school leaders cook up during the redistricting that is coming.

The two houses I mentioned are in the far southwest part of Bethesda and are unlikely to be reassigned away from Whitman. They are also closer to the DC line and the Capital Crescent Trail for commuting purposes.

First house has bamboo. The second one might too? Or the neighbor does? You couldn’t pay me to take any property that has bamboo. What a nightmare.

What's wrong with bamboo?

Are you kidding?

It is a massive pita that spreads uncontrollably and is impossible to get rid of. It damages structures too. Horrible horribly invasive plant. Wouldn’t touch a property with any bamboo with a 10000000 ft pole.

Bamboo is so horrible, it is now required to be removed in VA if it starts spreading. It is also illegal to plant new bamboo in moco and va.

Can you link the law that says planting new bamboo is illegal in MoCo?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I was looking at this one (focusing on Bannockburn) and it went under contract in five days.

https://www.redfin.com/MD/Bethesda/6306-Bannockburn-Dr-20817/home/10678609

This is nicer than some of the ones OP listed that are $3M+

Why is Kenwood park such an overpriced area?

Huge lots, incredible schools, lots of diversity, zero preoccupation with keeping up with the Jones’s. Call us over-priced all you want. It’s an amazing neighborhood

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP here.

These are ones sitting near me…

8 DOM (which isn’t long but it would have been under contract in one day a few months ago) https://www.redfin.com/MD/Bethesda/8606-Bradmoor-Dr-20817/home/10662058

9 DOM
https://www.redfin.com/MD/Bethesda/5510-Northfield-Rd-20817/home/10646715

14 DOM
https://www.redfin.com/MD/Bethesda/6705-Pemberton-St-20817/home/10668732

DOM 17 (I know there was a whole thread on this Tudor- it went hinder contract and is now active again. My guess is the inspection revealed something)
https://www.redfin.com/MD/Bethesda/5908-Bradley-Blvd-20814/home/10701660

DOM 36
https://www.redfin.com/MD/Bethesda/5824-Lenox-Rd-20817/home/10668390

DOM 44
https://www.redfin.com/MD/Bethesda/8220-Custer-Rd-20817/home/10646809

There are also a few houses that are $3.5M and up but not ever including those because the buyer market is so tiny…

It just seems like this is more inventory this area has had sitting for a while.

The last one on your list, Custer Road, which had an asking price of $2.9 million, went under contract in the last day or two. (Almost certainly under asking, we'll see.)

https://www.redfin.com/MD/Bethesda/8220-Custer-Rd-20817/home/10646809

for a 2+M house those bathrooms are HORRIBLE....