Properties for Sale in Chevy Chase, Maryland, United States

Real estate in Chevy Chase

The Maryland region in the United States catches the eye of many prospective homebuyers and property investors. If you are looking to purchase your dream house or an apartment in a location boasting of charm and character, Chevy Chase should be at the top of your list. This appealing town in Montgomery County, with lush green parks and traditional American homes, has earned itself the label of "Suburban Haven" due to its pristine surroundings and architectural allure. Before reaching out to a local realtor, familiarize yourself with the market trend in the area, possibilities of properties up for sale in Chevy Chase, and the cost involved in owning a home in such a distinctive location. This town, nestled in the heart of Maryland, offers a variety of real estate options ranging from quaint bungalows to grand mansions, catering to diverse tastes and budgets. Whether you are an investor hunting for lucrative deals or a hopeful homeowner seeking a peaceful abode, Chevy Chase could be your dream destination.

Chevy Chase properties: Market trends overview

The real estate market in Chevy Chase, Maryland, has been displaying consistent growth in property prices, making it an alluring hotspot for foreign investors and buyers, notably from the UK, Canada, China, and Mexico. Chevy Chase's prime location near the nation's capital allows a harmonious blend of a relaxed suburban lifestyle coupled with the bustling city life due to the easy accessibility to Washington, D.C. and the presence of numerous amenities like parks, recreational centers, and golf clubs. Chevy Chase presents a charming suburban setting, enriched by a wealth of history, and a high standard of living. Over the recent years, the local authorities in Chevy Chase have prioritized further development of this locale, offering a broad spectrum of property options to both local and international home buyers. These range from stylish and contemporary townhouses to apartments, expansive single-family homes, charming colonial-style houses, and luxurious penthouses. The ease of finding a property for sale in Chevy Chase that matches any budget and caters to various lifestyle preferences makes this Maryland town one of the most appealing to foreign buyers. The burgeoning real estate market, coupled with the city’s white-picket-fence appeal and closeness to the hustle and bustle of Washington, D.C., ensures a steady influx of interested investors and buyers.

Average price of a property for sale in Chevy Chase

What can you anticipate to spend on properties in Chevy Chase, Maryland? There is no definitive answer as various factors play a role in determining the cost, such as the type of property, vicinity to the historical downtown and parks, facilities, and personal demands like luxury features, size, accessibility, and so on. Recent statistics reveal that the highest asking price for properties in Chevy Chase was at $785 per square foot. You can find the priciest properties in the area of Chevy Chase Village. On the other extreme, the most affordable properties, with an average price per square foot of $654, are situated in the area of North Chevy Chase. The average listing price for a house in Chevy Chase is presently approximately $1,183,994.

Types of properties can you find in Chevy Chase

In Chevy Chase, Maryland, the real estate market is filled with an array of property types, from condos in modern high-rise buildings, sumptuous penthouses, upscale riverside mansions, to classic American bungalows. The highly coveted properties are often located in secure, tree-lined residential communities. Units with 3-4 bedrooms and expansive patios are common, and some homes are even built with dual levels, each featuring separate entrances, generous outdoor spaces, and equipped kitchens. If you're more inclined towards the newly constructed residences, you can consider a modern house situated in a prestigious position in Chevy Chase, with the breathtaking view of the nearby Potomac River or a short stroll away to the nearby bustling Bethesda Row, creating a perfect living environment.