More than just a suburb of Washington, D.C., the city of Bethesda is an affluent, highly educated urban district featuring its own business center and the lifestyle amenities of one of the most coveted upscale residential communities in the capital area. Single-family dwellings, townhouses, condominiums and estates make up the majority of the real estate market here in Bethesda. Named after a biblical Pool of Healing, Bethesda is one of the world's leading biomedical research centers and home to more than 2,800 different businesses. It is also trendy and sophisticated, offering a number of museums, public galleries, theaters, historic sites and parks.
Downtown Bethesda hosts its annual Taste of Bethesda in September as well as a number of other events during the year. Art enthusiasts can experience downtown Bethesda's unique and inspiring art galleries. The city is a shopper's haven and dining in Bethesda is legendary in the District of Columbia (DC). The greater Bethesda-Chevy Chase community stretches north from DC to beyond the Capital Beltway and is comprised of Bethesda, North Bethesda, Chevy Chase and Friendship Heights. The area is coveted because of its close proximity to the nation's capital and the wide variety of housing it affords. For public transportation to and from downtown Bethesda, The Metro Rail Station transports more than 15,000 people on an average day.
Bethesda Real Estate Market: Price Range of Bethesda Houses for Sale
Bethesda is a suburban place of prestige where towering trees frame the Potomac River creating a private park for families who want more than just a place to live. Providing residents with the best of city living with its close proximity to the Washington, D.C., metro area, future homebuyers can choose from a variety of real estate options such as investment properties, homes located near or in a golf course/tennis community, or within proximity to the downtown district.
The Bethesda real estate market is quite diverse, including a distinct collection of both condominiums and single-family homes. Bethesda's condominiums and townhouses vary in price from just over $130,000 to more than $3 million for penthouse properties in high-rise buildings. Single-family homes in Bethesda start in the $600,000s to upwards of $7 million for country estates and ranch-style properties.
Bethesda Real Estate Stats and Trends for the week of August 31st, 2015: homes priced around $371,180 compared to $286,600 the previous week, showing a increase of more than +23%. For Monday, August 31st, the current national mortgage rate for a 30 year fixed mortgage is 3.83%; the 15 year fixed rate is at 2.95%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.27%, while the 15 year jumbo rate currently is at 3.83%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Bethesda MD. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Bethesda to help you find the best home!