Bethesda Real Estate - October Analysis

Over at www.DCRealEstateMarketplace.com, we just wrote a short article about how luxury homes for sale in Bethesda MD were faring when compared to the overall market, but ran out of room before sharing just one more graph.

This graph shows the Median Action Index, which is a compilation stat assembled by Altos Research out of California for most major metro areas, and which purports to show whether or not a market is in a Buyer's or Seller's market, and how strongly.

A score of 30 on this graph would indicate a neutral market, with anythig below 30 belonging to a Buyer's market.  Clearly, that's where Bethesda is, with the most expensive group of homes, shown in black, even further in a Buyer's market than the overall pool of available properties.