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North Bethesda, Maryland Average Home Sizes and Asking Prices
| Updated On: January 27, 2012 |
| Sold Price History in 20852 |
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Homes for Sale in North Bethesda
North Bethesda Real Estate in Maryland
North Bethesda, MD real estate and the surrounding areas combine the excitement, culture and opportunities of a fast-growing, lively metropolitan area with the peace and solitude of a neighborly bedroom community in Montgomery County, Maryland. Located a short distance northeast of Washington, DC, North Bethesda is a fascinating city with its quaint sidewalk cafes, mouth-watering restaurants, attractive employment opportunities, exhilarating recreational amenities and affordable housing. North Bethesda real estate options include detached, single-family homes for sale, luxury estate properties, new condominiums, townhouses and land lots.
The community’s proximity to Washington, DC, and its inclusion in the Montgomery County area allows residents to enjoy the luxury of living in an exciting environment rich in local history and tradition and poised for continued economic growth. Commercial development in Bethesda has introduced many new companies to the area, among them Lockheed Martin, Marriott Corp, and Medimmune. The area’s top employer is the National Institutes of Health (NIH). The NIH serves as the primary Federal agency for conducting and supporting medical research. Also located in the area is the National Naval Medical Center which is currently merging with the Walter Reed Army Medical Center and is scheduled for its grand opening in September of 2011. Local public transportation includes several Metrorail stops on the red line such as Medical Center (NIH), Grosvenor Station, and White Flint, bringing North Bethesda commuters to federal jobs in Washington, DC, avoiding commuter hassle.
Special events in the form of carnivals, festivals, fairs and parades fill this community’s social calendar year-round and are just a few examples of the community pride that the residents possess. National museums, the White House, the Capitol, National Monuments, and the Cherry Blossom Festival are all part of the activity calendar of residents of North Bethesda. | North Bethesda Community Info |
Real Estate Market - Price Range of North Bethesda Homes for Sale
Offering residents the best of suburban living within close proximity to the Washington, DC, metro area, the North Bethesda real estate market offers a variety of colonial and Georgian estates, ranch-style properties, and contemporary real estate developments. A select few North Bethesda condominiums and townhouses, and investment properties are available for purchase. Prices for condominiums and townhouses in North Bethesda start in the $120,000s to $850,000.
Investment properties and apartments can usually be found near colleges and universities. North Bethesda homes for sale and properties with fireplaces, foyers and recreations rooms start in the $275,000 range. With a price range starting in the $600,000s to $1 million and higher, colonial estates, ranch-style properties and contemporary homes come fully equipped with finished basements, swimming pools, great landscaping and spacious master bedrooms. Land and lots are also available to custom develop and build on in Northern Bethesda.
Neighborhoods include Garrett Park Estates, Halpine, Luxmanor, Randolph Hills, The Crest of Wickford, Wildwood, Tilden Woods, Timberlawn, Old Farm, North Farm, Hungerford, Franklin Park, and Chase Crossing. The many condominium communities include Midtown Bethesda North, The Gallery, White Flint Station, The Gables, Tuckerman Station, Grosvenor Park Condominiums and Townhomes, and Bentley Place.
North Bethesda MD Real Estate for the week of January 23rd, 2012: homes priced around $354,744 compared to $338,338 the previous week, showing a increase of more than +5%. For Friday, January 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.92%; the 15 year fixed rate is at 3.24%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.46%, while the 15 year jumbo rate currently is at 3.72%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in North Bethesda MD. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in North Bethesda, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in North Bethesda, North Bethesda neighborhood information, crime stats, home values, and schools in North Bethesda to help you find the best home! |