Housing Prices in Chevy Chase Section Three, MD
How much do homes in Chevy Chase Section Three, MD cost?
Median List Price
$1,575,000
$514/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Chevy Chase Section Three has decreased by 1.3% since last year.
Summary: The median home list price in Chevy Chase Section Three was $1,575,000 in March 2024, down 1.3% from the previous year, and the median price per square foot was $514.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $1.3M | N/A |
| 4 Bedrooms | $1.3M | $1.4M | +5.7% |
| 5+ Bedrooms | $2.0M | $2.0M | -1.1% |
Summary: Chevy Chase Section Three housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 1.1%.
Median List Price Compared To Nearby Cities
| Martin's Additions | $2.0M | $2.0M | 0.0% |
| Chevy Chase Section Three | $1.5M | $1.5M | -1.3% |
Housing Supply in Chevy Chase Section Three, MD
How many homes are available in Chevy Chase Section Three, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Chevy Chase Section Three real estate market had 8 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Chevy Chase Section Three housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Days on Market for Chevy Chase Section Three, MD
How long does it take to sell a home in Chevy Chase Section Three, MD?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 103 Days | 201 Days | +93.9% |
Summary: Homes in Chevy Chase Section Three had an average listing age of 201 days in Mar 2024, up by 93.9% compared to the previous year.
