Bethesda, MD Real Estate Listings & Homes for Sale

In May 2025, Bethesda’s housing market saw a slight cooling, with the median home price dipping 1.8% year-over-year to $1.3M. While prices edged down, homes are still moving at a steady pace, averaging 19 days on the market compared to 14 days last year—suggesting a modest shift in buyer urgency or pricing sensitivity. Sales volume also declined, with 73 homes sold this May versus 82 in the same month last year, potentially reflecting limited inventory or more selective buyer activity. Overall, while the market remains competitive, these trends point to a slightly more balanced environment than in previous months, giving both buyers and sellers more room to negotiate.

Bethesda remains a very competitive market, with homes typically selling in about 22 days and often drawing multiple offers—some with waived contingencies to strengthen buyer positions. On average, properties sell for around the list price and go pending within three weeks, reflecting steady demand and limited room for negotiation. However, highly desirable homes—those in top locations or move-in ready condition—can sell for up to 3% above asking and go under contract in as little as five days. This fast-paced environment highlights the importance of preparation for buyers and strategic pricing for sellers.

Bethesda, MD is a seller’s market as of June 2025, meaning there are more buyers actively searching than there are homes available for sale. This supply-demand imbalance gives sellers a notable advantage, often resulting in faster sales, multiple offers, and competitive bidding—especially for well-priced and move-in-ready properties. Buyers entering this market should be prepared to act quickly and present strong offers to remain competitive.