Wooton or QO

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Thanks PP. Do you mean 1-5 per year will sell in 6's? I just fell in love with Fallsmead neighborhood but budget is on 6's- wondering if its even worth it to hold out or if we should just move on and consider it wishful thinking ?

Yes. I found that just by doing a what sold recently on redfin. We looked at a house last year there that was in the 6s. Escalated into the 7s. Very nice house. We paid more and got a house elsewhere.

What do you mean escalated to 7's?

Competing contracts bit the price up to more than $20k over list price.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Thanks PP. Do you mean 1-5 per year will sell in 6's? I just fell in love with Fallsmead neighborhood but budget is on 6's- wondering if its even worth it to hold out or if we should just move on and consider it wishful thinking ?

Yes. I found that just by doing a what sold recently on redfin. We looked at a house last year there that was in the 6s. Escalated into the 7s. Very nice house. We paid more and got a house elsewhere.

What do you mean escalated to 7's?

Competing contracts bit the price up to more than $20k over list price.

Ohh okay gotcha. Thanks.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP, I am a Wootton parent with an average child. The school is totally fine, all the posters posting know nothing of Wootton. My child is very average, and most likely will go to Montgomery College first. He has a mix of friends from low to high achievers, and they are all typical teenagers. In the 10 years in this cluster, I only ran across parents discussing grades and achievements, in elementary school. We live in a solidly middle class neighborhood, most of my neighbors are NIH scientist, college professors, etc., so education is stressed here, but nothing crazy. No mansions in my neighborhood. We feed to Fallsmead ES. Fallsmead has its issues, but overall it is a good school to be in. Parents are very involved, even though most of the PTA moms are working parents. The neighborhood is less culturally diverse than QO, so majority here are white and Asians.

By "middle class," I know you mean upper middle class. Fallsmead is NOT middle class--it is upper middle class, unless you live in Washingtonian apartments. It feels like middle class for the area because the rest of the area is quite wealthy. Other than two sub-$200k condos in the Washingtonian his rise, the cheapest house for sale that goes to Fallsmead is listed at $739k. There is another house for $795. Then it goes into the $1m+ range. Sorry, that isn't middle class.

Do houses ever sell for the 6's in Fallsmead?

Absolutely.

[Anonymous]

Homes do appear in the Fallsmead and Rockshire from $600k to $700k range. The past couple of months isn't a good indication because sellers might be waiting for the spring.

But at that price point for the location and schools, there is a lot of traffic that goes through those homes. So semidecent homes get snatched up fast.

One issue with that area, is that maybe due to the money, sellers aren't as in a rush to sell. So they don't mind just sitting on the price they're asking for for half a year to a year.

So in particular there were a bunch of homes around Grove Point that were sitting on the market for a while and eventually delisted. And were relisted again. I think this home is an example:
https://www.redfin.com/MD/Rockville/5-Grovepoint-Ct-20854/home/10520832

But here are some recent listings that were sold or under contract for just under the $700k mark this year:
https://www.redfin.com/MD/Rockville/1137-Pipestem-Pl-20854/home/10517960

https://www.redfin.com/MD/Rockville/4-Lochness-Ct-20850/home/10519175

https://www.redfin.com/MD/Rockville/426-Watts-Branch-Pkwy-20854/home/10525127

So that's three homes in a very small part of that area for under $700k in the beginning of the year. And I'd expect there to be more than five to six homes available in that range throughout the year, especially around spring or summer.

[Anonymous]

Anonymous wrote:Homes do appear in the Fallsmead and Rockshire from $600k to $700k range. The past couple of months isn't a good indication because sellers might be waiting for the spring.

But at that price point for the location and schools, there is a lot of traffic that goes through those homes. So semidecent homes get snatched up fast.

One issue with that area, is that maybe due to the money, sellers aren't as in a rush to sell. So they don't mind just sitting on the price they're asking for for half a year to a year.

So in particular there were a bunch of homes around Grove Point that were sitting on the market for a while and eventually delisted. And were relisted again. I think this home is an example:
https://www.redfin.com/MD/Rockville/5-Grovepoint-Ct-20854/home/10520832

But here are some recent listings that were sold or under contract for just under the $700k mark this year:
https://www.redfin.com/MD/Rockville/1137-Pipestem-Pl-20854/home/10517960

https://www.redfin.com/MD/Rockville/4-Lochness-Ct-20850/home/10519175

https://www.redfin.com/MD/Rockville/426-Watts-Branch-Pkwy-20854/home/10525127

So that's three homes in a very small part of that area for under $700k in the beginning of the year. And I'd expect there to be more than five to six homes available in that range throughout the year, especially around spring or summer.

As I said before. 2 homes in the last year sold in that price range. The original point was actually about homes in the $625k to $650k range. One of the homes you linked to is pending. You don't know what the actual price was. You probably don't know that it is under contract at under $700k.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You are 12 years away from high school.

Do you realize how much the schools will have changed 12 years from now? I've been teaching for 14 years and the difference in MCPS from my first to this year is remarkable.

There will most definitely be redistricting because of the Downtown crown growth and what is planned on going in in that area. Also, the MCPS curriculum is getting worse and you should see the people who are currently being trained to become administrators and throwing their hats in the ring...oy.

Buy a cheaper home in a kid-friendly neighborhood and send your kid to private.

Signed,
A wootton teacher

I'm glad my kid doesn't go to Wootton HS.

Signed,

An MCPS parent

You should be.
It's awful.

I doubt you're a Wootton teacher.

Signed,

A Wootton Parent

A HAHAHAHAHAHA!!
Oh, I am. I deal with assholes like you on the regular.
Thanks for proving my point, delusional parent.

[Anonymous]

Anecdotal evidence from way back in the day:

My older brother went to Wootton, they rezoned, and I ended up at QO. He's an engineer, and I'm a lawyer. We're both happily married to nice people and each have 2 nice babies/kids. We both ended up being ok people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Homes do appear in the Fallsmead and Rockshire from $600k to $700k range. The past couple of months isn't a good indication because sellers might be waiting for the spring.

But at that price point for the location and schools, there is a lot of traffic that goes through those homes. So semidecent homes get snatched up fast.

One issue with that area, is that maybe due to the money, sellers aren't as in a rush to sell. So they don't mind just sitting on the price they're asking for for half a year to a year.

So in particular there were a bunch of homes around Grove Point that were sitting on the market for a while and eventually delisted. And were relisted again. I think this home is an example:
https://www.redfin.com/MD/Rockville/5-Grovepoint-Ct-20854/home/10520832

But here are some recent listings that were sold or under contract for just under the $700k mark this year:
https://www.redfin.com/MD/Rockville/1137-Pipestem-Pl-20854/home/10517960

All these homes were on the market last summer and fall and did not selll. They are in the 600s. Everything in fallswood and rockshire seddlewood etc is selling for less than 700

https://www.redfin.com/MD/Rockville/4-Lochness-Ct-20850/home/10519175

https://www.redfin.com/MD/Rockville/426-Watts-Branch-Pkwy-20854/home/10525127

So that's three homes in a very small part of that area for under $700k in the beginning of the year. And I'd expect there to be more than five to six homes available in that range throughout the year, especially around spring or summer.

As I said before. 2 homes in the last year sold in that price range. The original point was actually about homes in the $625k to $650k range. One of the homes you linked to is pending. You don't know what the actual price was. You probably don't know that it is under contract at under $700k.