New Downward Trend in New Listings for Chevy Chase Real Estate Market

The Chevy Chase market will be getting less crowded in the coming weeks. Sales rose this week to five homes sold over the last 30 days, and there is a budding downward trend in the number of new listings, with two going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. As the amount of new listings trended lower, prices went the opposite direction with the median sales price setting a three-month high at $950,000. The rising prices, along with the fact that there is a lower-than-normal one month of inventory, drive home the fact that Chevy Chase is a strong seller's market.

Want one of the most luxurious homes in Chevy Chase? Then check out some of these beautiful listings:

$1.7M   $1.4M   $1.2M  

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 average elevation is 881 feet.
  • The median income per household is $134,644 in the area.
  • For every counselor there are 797 students in this area. (513 = national average)

Data reported through 1/11/2017

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Ask a local expert about this area:
Keller Williams Realty Los Feliz
3 reviews
John Aaroe Group
Snapped 2 homes in this area
First Class Realty & Mortgage
Snapped 2 homes in this area

Agents that specialize in this area
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