New Growth Trend in Price Cuts for Chevy Chase Real Estate Market

The number of sellers reducing prices in the Chevy Chase market trended up to nine over the last 30 days, extending a three-week streak. During the same period, 17 sales were completed. Prices are falling in Chevy Chase, and this period the median price of all sales fell from $1,070,000 to $915,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that Chevy Chase is a seller's market.

Price reductions for these listings in Chevy Chase make it a perfect time to take a look:

$3M   $2.2M   $1.4M  

Get started right now by checking out Chevy Chase homes for sale or reviewing Chevy Chase real estate trends.

Demographic facts about Chevy Chase:

  • The median value of all homes is $738,664.
  • The area gets 115 rainy days a year. (U.S. average: 100)
  • This area has an unemployment rate of 9.9%.
  • The student-to-teacher ratio is 14.2:1. (15.3:1 = national average)

Data reported through 10/19/2016

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