Silver Spring Md., Leisure World  - Patio Home Market Report - Oct 2009

At this time (10/6/09) there are 28 patio homes on the market for sale in the senior citizens community of Leisure World in Silver Springs Maryland, down just a bit from the figure of 32 from last report. The least expensive home at this time is a two bedroom two bath semi-detached home; on the market for $175,000.  The most expensive is a three bedroom two bathroom semi-detached home listed for $329,700.

The six two-bedroom one bath homes on the market for sale at this time range in list price from $175,000 to $292,213, with the average being $192,586.  Days on market with the current Realtor range from less than a week (3 days) to over 13 months (397 days), with the average being just short of five months (145 days). 

There are no two-bedroom one bath patio homes under contract at this time, nor was any sold during the month of September 2009.

There are six two-bedroom two bath semi-detached homes on the market for sale too.  The current list prices of these homes range from low of $189,000 to high of $359,.000, with the average being $251,000.   The days on market with the current Realtor these homes ranges from just coming on the market (1 day)  to a high of one year (367 days), with the average being very close to five  months (147 days).

There are three two-bedroom two bath patio homes under a form of contract at this time.  The last known list price of these homes ranged from a low of $167,500 to a high of $219,000, with the average being $193,500.  The days on market with the last Realtor ranged from nearly five months (155 days) to nearly eight months (239 days), with the average being just close to seven months (199 days).

Since September 1^st one two-bedroom two bath patio homes have gone to closing.  The closing price of this home was $199,900, and it was on the market with the last Realtor for nearly two months (58 days). 

There are at this time 15 three-bedroom two bath semi-detached homes on the market for sale in Leisure World.  These homes range in price from a low of $175,000 to a high of $329,700, with the average being $270,093.  While one has been on the market for less than a week (4 days), the  longest has been available for sale over a year and a half (589 days).  The average time on the market for these three-bedroom homes is just over five months (162 days).

There are three three-bedroom patio home under contract in Leisure World at this time.  The last known list price of this home was $165,000 and it was on the market for nearly ten months (304 days). 

Since September 1^st two three-bedroom two bath patio homes went to closing. These homes sold for $155,000 and $273,000.  They were on the market with the last Realtor for 26 and 130 days.

 There is one three-bedroom two bath patio home where a portion of the garage has been turned in to what is being called a forth bedroom.  This home is currently listed for $264,900 and has been on the market for just over six months (189 days).

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