This market report is to cover the Townhouses in the senior citizen community of Leisure World in Silver Spring Maryland 20906.  At the time of this report (10/01/09) there are nine Townhouses on the market FOR SALE and none FOR RENT in this community.  While all the homes have two bedrooms some have two full baths and only one half bath, the others come with only one full bath and one half bath.  Three townhouses are under some form of contact at this time,

FOR RENT

No townhouses in Leisure World community are currently on the market FOR RENT, nor is there any with applicaitons to rent pending. No Townhouse has been rented in Leisure World during the month of September 2009.

FOR SALE

At the time of this report there are four two-bedroom one bath TOWNHOUSE units on the market FOR SALE in Leisure World.  The living space of these homes ranges from a low of 1513 sq ft for the Arundel model to 1600 sq ft for the Berkley model.  The prices range from a low of $109,000 to a high of $159,000, with the average being $125,725.  The days on market range with the current Realtor from about two months (57 days) to a over two years (868 days), with the average being  just about a year (349 days).

At the time of this report there are two two-bedroom one bath two half bath TOWNHOUSES under contract in Leisure World.  The last known list prices of these home where $129,000 and $198,000, for an average of $163,500.  The days on market with the current Realtor for the two homes ranged from a low of just over two months (45 days) to nearly seven months (205 days).

Since September 1^st of this year two two-bedroom one full bath Townhouses have gone to settlement in Leisure World of Maryland. The settled prices of these homes were $105,000 and $124,000. The days on market with the current Realtor were nearly the same at 127 days and 136 days.

In the two-bedroom two full bath configuration there are five townhouses on the market at the time of this report. These homes range in size from a 1400 sq ft a Dartmouth model to 1600 sq ft for a Berkeley model.  The list price of these homes currently range from $115,000 to $199,900, with the average being $146,460.  The days on market with the current Realtor ranges from as short as one week (5 days) to over five months (161 days), with the average being nearly four months (113 days).

There is currently only one two-bedroom two bath TOWNHOUSES under contract.  The last known list price of this home is $189,900, and the days on market with the current Realtor is just over six months (192 days).

No two-bedroom two bath Townhouse has gone to closing in the month of September 2009.

If more information on these homes would be of interest to you, please give me a call or send me an email.