Silver Spring Md. 20901 - Detached Home - Market Report - Nov 2009

This market report covers the single family Detached and Semi-Detached homes in the 20901 zip code of Silver Spring Md.  At this time (11/8/09) there are 65 homes on the market in the 20901 zip code of Silver Springs Maryland. While there are two bedroom homes on the market, the least expensive is a bank owned six-bedroom two full baths Cape Code which is on the market for $202,450.  While there are five and six bedroom homes on the market, he most expensive is a four- bedroom two full bath one half bath home also with a basement and a two car garage.  This home is on the market for $649,900.

There are currently 62 detached or semi-detached home under some form of contract in the zip code.  The one with the lowest last known list price is a three-bedroom one full bath home with a price of $129,900.  The one with the highest last known list price is a four bedroom two full bath home with basement and a two car garage, was listed for $599,990.  The average last known list price for all the homes is $350,835.  While some went under contract shortly after being placed on the market with their current Realtor, the longest was over 15 months (455 days) with is current Realtor, with the average being two months (60 days).

Since October 1^st, 2009; 29 detached or semi-detached homes have been successfully sold in this zip code.  Closing prices have ranged on these homes from a low of $245,000 to a high of $629,000.   The days on market for this set of homes ranged from three day to the longest being nearly 16 months (476 days), with the average being a nearly two  months (57 days).

If you are interested in more details, please give me a call to arrange a time for a more indepth discussion.