The castle on the market in 20815.
Last week, UrbanTurf looked at the zip codes in DC proper with the highest premium for square footage in 2013. This week, we look at Maryland, where zips in Montgomery County, to nobody’s surprise, command the highest prices per square foot. (Listed square footage in Maryland refers to the above-grade living area in a home.)
Note: Only a sampling of neighborhoods are included for each zip code.
The five zip codes above posted the highest average price per square foot sales in Maryland last year. The table also shows the number of sales in each zip code and the average list price of homes. The final column looks at whether home prices in the neighborhood went up or down since 2012.
The pricy neighborhoods listed here should come as no surprise: all are in Montgomery County, and the Friendship Heights/Chevy Chase area, at $490 per square foot, led the way. It is important to note that for this article we were provided with average price per square foot, rather than median, so the figures could include outliers on either end of the market that sway the average.
Stay tuned for price per square foot analysis for Virginia next week.
RealEstate Business Intelligence recently provided UrbanTurf with the average price per square foot statistics for DC area zip codes in 2013.
This article originally published at http://dc.urbanturf.com/articles/blog/paying_a_premium_the_highest_prices_per_square_foot_in_maryland/8017
Most Popular... This Week • Last 30 Days • Ever
Here's what you need to know about reporting profit made from the sale of your home.... read »
A final look for the year at the DC neighborhoods where home values rose the most thi... read »
With two additional museums authorized as part of the Smithsonian system, a forthcomi... read »
Another hotel in the DC area will bite the dust to make way for the new development.... read »
The residential development remains on track to break ground next year.... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
A Tysons development has the area's five tallest buildings on the boards.... read »
Homeowners will be able to expedite the ADU approval process with two options for one... read »
A rezoning may be in the works for the AutoZone site.... read »
The priciest condo to ever sell in DC just closed last week, nearly a month after the... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro