Bethesda Condos – Just A Bethesda Property Type Profile
It’s no wonder that Bethesda is more and more the place to be in Metro D.C. This community continues to grow, attracting new condominium conversions and new condos. These amenity-rich condos feature everything from sunrooms and oversized windows to business centers and fitness centers. When it comes to condos, Bethesda is the place to look.
Newer Bethesda Condos in downtown Bethesda Bethesda range from the low end at $400/sq ft. all the way up to the high end of $1000/sq. ft. (yes, even in this market depending on the condo developement) — Resales and conversions tend to be on the lower end of the scale. As is the case in other cities, newer condos tend to see an increase in price per square foot as the overall square footage increases. There are few condos larger than 2000 sq. ft. in Bethesda, and these premium-priced units are in high demand.
A new stage of condo development will happen in the Woodmont Triangle area of downtown Bethesda. This area was rezoned to allow denser, taller buildings, as well as to allow retail establishments on the first floor. As the condo market in Bethesda improves, you’ll begin to see the foundation of a new urban village akin to what we have seen in “new” Downtown Bethesda.