Housing Prices
How much do homes in Chevy Chase Village, MD cost?
Median List Price
$2,385,000
$607/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2022
Key Takeaway
The list price of homes in Chevy Chase Village has decreased by 13.3% since last year.
Summary: The median home list price in Chevy Chase Village was $2,385,000 in August 2023, down 13.3% from the previous year, and the median price per square foot was $607.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.5M | $1.5M | +1.6% |
| 4 Bedrooms | $1.8M | $1.9M | +6.9% |
| 5+ Bedrooms | $3.0M | $3.0M | -0.4% |
Summary: Chevy Chase Village housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 0.4%.
Median List Price Compared To Nearby Cities
| Chevy Chase Section Three | $1.3M | $1.4M | +10.7% |
| Washington | $663.1K | $659.2K | -0.6% |
| Chevy Chase Village | $2.7M | $2.3M | -13.3% |
Housing Supply
How many homes are available in Chevy Chase Village, MD?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Chevy Chase Village real estate market had 4 homes for sale in August 2023, a 33.3% decrease compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Chevy Chase Village housing inventory by bedroom type for August 2023 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 decreased by 100%, and 5+ bedroom homes decreased by 20%.
Days on Market
How long does it take to sell a home in Chevy Chase Village, MD?
Average Listing Age
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 59 Days | 81 Days | +35.8% |
Summary: Homes in Chevy Chase Village had an average listing age of 81 days in Aug 2023, up by 35.8% compared to the previous year.
