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Silver Spring (Aspen Hill) Md. 20906 - Townhouse - Market Report - January 2010

By
Real Estate Agent with Weichert Realtors - Aspen Hill MD581725

Silver Spring (Aspen Hill) Md. 20906 - Townhouse - Market Report - January 2010

This market report is to cover Townhouse FOR SALE in the Silver Spring (Aspen Hill) Md. 20906 zip code, except for those in the senior citizen's community of Leisure World.  If information on detached homes is desired, that can be found in a separate post.  For more Market Reports on the area check on the index of similiar reports.

At the time of this report (1/22/10) there are 35 townhouses available for sale in the area cover by this report. While there are two-bedroom homes on the market for sale, the least expensive is a three-bedroom one full bath townhouse on the market for $100,000.  The most expensive at this time is a four-bedroom three full baths with a fireplace currently listed for $399,500.   While some are new to the market this week and several have been with the current Realtor for over two years, the average time on market is slightly over three months (98 days).

There are another 45 homes that are under contact at the time of the report. Since December 22, 2009, there have been a total of nine successfully closed transactions to purchase Townhouses in the report area too.  This figure is the same (9 successful) number that were sold in the period of December 22, 2008 to January 22, 2009.

Two Bedrooms

Currently there are four two-bedroom townhouses on the market for sale.  The least expensive is currently listed at $159,000 the most expensive is listed at $229,000, with the average being $191,875.  While shortest time on market with the current Realtor is less than a week (6 days) and the longest at approaching five months (143 days), the average is very near two months (67 days) with the current Realtor.

At the time of this report, there are just one two-bedroom townhouses under contract in the report area.  This home was last listed for $179,900 and was on the market with current Realtor just over two weeks (17 days).

During the period of time this report is covering, n  two-bedroom townhouse in the report area went to closing. 

Three bedrooms

Currently there are 17 three-bedroom townhouses on the market for sale, most with two full baths.  The least expensive is currently listed at $100,000 the most expensive is listed at $399,900, with the average being $271,518.  The shortest time on market with the current Realtor is less than a week (2 days) and the longest at 16 month (492 days), with the average being slightly over three months (101 days) with the current Realtor.

At this time, there is a total of 35 three-bedroom townhouse under contract in the report area. The least expensive of these home was listed for $100.000, the most expensive being $365,000 with the average being $217,990.  The days on market with the current Realtor ranged from one day to nearly four months (114 days), with the average being just over a month (37 days).

Since December 22 2009, nine three-bedroom townhouses have gone to closing in the report area.  The least expensive sold for $182,000 and the most expensive went for $380,000.   The days on market with current Realtor ranged from near a week (8 day) to a little over a  month (37 days), with an average being just over three weeks (24 days).

Four Bedrooms

Currently there are 14 four-bedroom townhouses on the market for sale.  The least expensive home is currently listed for $150.000, with the most expensive is on the market for $399,500.  The average price for a four bedroom townhouse in the 20906 zip code is $277,568.  The days on market for these homes with the current Realtor range from the shortest at just a week (8 days) to over two year (897 days), with the average being close to four months (104 days).

At this time, there is a total of nine four-bedroom townhouse under contract in the report area. The least expensive of these home was listed for $167,900, the most expensive being $339,000, with the average being $229,467.  The days on market with the current Realtor ranged from nearly two weeks (13 days) to slightly over 11 months (340 days), with the average being slightly over two months (63 days).

Since December 22, 2009, four four-bedroom units have gone to closing in the report area.  The least expensive sold for $120,000 and the most expensive went for $268,000.  The days on market with the current Realtor ranged from near a month (27 days) to over four months (131 days), with an average being slightly over two months (65 days).

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. 

 

Posted by

Robert J. Force
Weichert Realtors - Silver Spring / Aspen Hill
3816 International Dr        
Silver Spring, Md. 20906

            
(301) 237-2277  (c)
(301) 681-0550  (O)

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