Chevy Chase Real Estate Market Sees Sales Increase

The Chevy Chase market looked strong this week as sales jumped 25.0% to hit 15 homes sold over the last 30 days. In comparison, nearby Washington had 631 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Chevy Chase, with the median for this period rising from $851,000 to $945,000. With only three months of inventory and rising sales, Chevy Chase is a seller's market.

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

Demographic facts about Chevy Chase:

  • This area has a population growth rating of 61. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $12.02/$1,000.
  • People in this area have a commute time breakdown of: <15 min (16.7%), 15-29 min (34.3%), 30-44 min (31.4%), 45-59 min (11.4%), >60 min (6.2%).

Data reported through 10/12/2016


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