Silver Spring, Md. 20906 - Kimberly Place - Market Report July 2009

This is a market report for the Kimberly Place community of Silver Spring, Md. 20906.  At the time of this report (8/8/2009) there are five homes in this subdivision on the market for sale.  The list price of the three or four bedroom townhouses range from $140,000 to $200,000, with the average being $167,475.  The days on market with the current Realtor for these homes range from about two wekes (16 days) to near teh months (317 days).  There are also a two-bedroom condo for sale at $111,000 and has been on the market for nearly three months (88 days).

There are currently four three-bedroom townhouse under contract at this time.  The last known list price of these homes ranged from $140,000 to $185,000, with the average being $158,900.  The days on market for these four homes ranged from ten days to near 11 months (331 days), with the average being just over four months (126 days).  There are currently no two or four bedroom homes under contract in the community.

In April of this year one two-bedroom condo sold for $109,000, after being on the market for 48 days.  Since Janurary 1st of this year, four three-bedroom townhouses sold in the community, The closing prices ranging from $140,000 to $180,000 with anverage of $147,500,  The days on market ranging from 11 days to over eight months (253 days), with the average being a little over three months (104 days) with ther last Reator.  No four-bedroom homes sold since Janurary 1st.

There are currently no homes in the community on the market for rent.  The last rental since Janurary 1st was a three-bedroom townhouse for $1395 per month after being on the market for near four months (129 days).

My team and I stand ready to help with your real estate needs here in Leisure World.  Please feel free to contact me by any of the following methods - my web page,  email, or (301) 237-2277.

Robert J. Force

Prudential Carruthers Realtors - Gaithersburg, Md.