Charred Oak Estates is a cherry tree-lined neighborhood of just over 200 single family homes in West Bethesda, Maryland. Just outside the Capital Area Beltway, the large wooded lots of Charred Oak Estates range in size from 0.34 to 1.24 acres and offer backyard privacy and convenience to the entire DC Metropolitan Area.
Charred Oak Estates encompasses three developments built in the 1960’s and 1980’s, The first is a neighborhood of contemporary or mid-century modern homes. The second is a cherry-tree lined development consisting of colonial style homes, split levels, bi-levels, and ramblers. The third section, built in the 1980’s has large front lawns and, larger brick homes.
Charred Oak Estates borders Tuckerman Park and includes a walking trail and creek, and is accessible to the residents whose yards do not border it via a footpath.
Charred Oak Estates is located in Montgomery County and the public schools assigned to Charred Oak Estates include Seven Locks Elementary School (rated 10), Cabin John Middle School, (rated 9) and Winston Churchill High School (rated 10). There are many private schools nearby as well, including independent and parochial options.
There are numerous grocery stores near Charred Oak Estates including Giant, Safeway and Harris Teeter and several shopping centers including Cabin John Center, Park Potomac, and Potomac Village. Westfield Montgomery Mall is less than 3 miles away and is surrounded by additional shopping and restaurants.
Thinking about moving to Charred Oak Estates? First, let’s take a look at the Average Number of Active Listings for this month and the Average List Price of Active Listings for this month and compare to the 5-year average. This tells you what is currently on the market. If you are thinking about selling, it tells you your level of competition.
Then look at this month’s Average Number of Days on the Market and this month’s Average Number of Months Inventory and compare to the 5-year average. These numbers give you a feel for how long it is taking for properties to sell and how long it will take to sell the current inventory.
Next look at Average Sold Price of Sales for this Month and the Ratio of the Average Sale Price to Original List Price for the month and compare to the 5-year averages. These numbers indicate the average fair market values of the homes in this neighborhood and how well the listing agents and sellers were pricing their homes.
Finally look at a side-by-side comparison of the Average Price/Square Foot of Active Listings and the Average Price/Square Foot at which properties Sold. Although Square Footage is calculated the same way in all styles of homes and there could be other significant factors in the price, such as yard size, this is something that allows for a quick calculation and comparison.
Interested in a deeper analysis of the market statistics for Charred Oak Estates? Thinking about Buying or Selling in Charred Oak Estates? Give Me a Call at 202-271-5301 to Get Started.