Silver Spring Md. 20901 - Townhouse - Market Report - November 2009

This market report is to cover Townhouses FOR SALE in the Silver Spring Md. 20901 zip code.  At the time of this report (11/4/09) there are 12 townhouses available for sale in the area cover by this report.  The least expensive is a three-bedroom one full bath home on the market for $166,000.  While there are four-bedroom townhouses on the market, the most expensive is a three-bedroom two full baths two half baths with a fireplace currently listed for $499,000.

There are another 11 townhouses that are under contact at the time of the report.  

Since October 1^st there has been a total of four completed sale on Townhouses in the report area too.

Two Bedroom

Currently there are no two two-bedroom townhouses on the market for sale in the 20901 zip code. 

At the time of this report, there are four two-bedroom townhouses under contract in the report area.  These homes were last listed for $248,500 to $285,000, with the average being $271,850.  The days on market with the current Realtor were between short of a week (3 days) to just about two months (55 days), with the average being a month (30 days).

Since October 1^st, only one two-bedroom townhouse in the report area went to closing.  The home sold for $205.000, after being on the market with the current Realtor for two months (61 days).

Three bedroom

Currently there are eight three-bedroom townhouses on the market for sale in the report area.  The least expensive home is currently listed for $166,000, with the most expensive on the market for $499,000.  The average price for a three bedroom townhouse in the 20901 zip code is $299,044.  The days on market with the current Realtor range from the newest just coming on the market today recently (9 days), the longest being very close to six months (178 days), with the average being slightly over two months (79 days).

At this time, there is a total of six three-bedroom townhouse under contract in the report area. The least expensive of these home was listed for $249,900, the most expensive being $299,500, with the average being $284,633.  The days on market with the current Realtor ranged from one week (7 days)  to slightly over one month ( 42 days), with the average being three weeks months (25 days).

Since October 1^st, three three-bedroom units have gone to closing in the report area.  The least expensive sold for $230,000 and the most expensive went for $325,000.  The days on market ranged two weeks (14 days) to just over four months (129 days), with an average being nearly two month s (55 days).

Four Bedroom

Currently there are only four four-bedroom townhouses on the market for sale.  The least expensive home is currently listed for $200,000, with the most expensive is on the market for $349,000.  The average price for a four bedroom townhouse in the 20901 zip code is $274,700.  The days on market with the current Realtor range from the shortest at less than  a week (3 days) to nearly 16 months (491 days), with the average being close to five months (143  days).

At the time of this report there is only one four-bedroom townhouse under contract in the zip code.  This home was listed at $350,000 and has been on the market for nearly a month (26 days).

Since October1^st, no four-bedroom units have gone to closing in the report area. 

If you or anyone you know would be interested in one of these homes, or looking for more detail on this set of homes, please get in contact with me.