Georgian Colonies Subdivision of Silver Spring - July 2007 Market Report

Six homes came on the market during the month of July in the Georgian Colonies subdivision of Silver Spring (zip code 20906), one has gone under contract during the month, and 2 went to closing during the month.  This left 18 homes on the market for sale at the end of the month. 

The price range of those still on the market is $334,000 to $416,000.  The average number of days these properties have been on the market is 105 days. One has only been on the market for 14 days; but the longest is close to a year at 368.  The one that went under contract was on the market for 121 days, and was listed at $354,000.

The two that sold were listed from $380,000 to $392,850 after seller subsidy, they were on the market days for 18 day for the shortest and 189 days for the longest.  The average days the properties where on the market was 104 days, a little over the same measurement of 75 days for all of the 20906 zip code excluding Leisure World.