Chevy Chase Section Three Real Estate Market Sees Home Sales On the Rise

Over the last 30 days, the Chevy Chase Section Three market was active with two homes sold. It marks a 100.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, Washington had 631 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Chevy Chase Section Three, and for this period the median sales price slid from $1,850,000 to $1,420,000. With only three months of inventory and rising sales, Chevy Chase Section Three is a seller's market.

Trying to find a home in Chevy Chase Section Three that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$2.2M   $979K   $2.8M  

Demographic facts about Chevy Chase Section Three:

  • There are 6,461.9 people per square mile in this area.
  • The lifestyle rating for this area is 81. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 60.4% of all commuters, while carpools account for 10.1%, and public transit makes up 11.1%.

Data reported through 10/12/2016

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REMAX Platinum Realty
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Keller Williams Flagship of Maryland
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