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Zip code 20906 – Garden Apartments Market Report - July 2007

By
Real Estate Agent with Weichert Realtors - Aspen Hill MD581725

This market report is about the Garden Apartments FOR SALE in the 20906 zip code excluding those in Leisure World a Seniors Community. As of this date (8/12/07) there are 52 Garden Apartments  FOR SALE in this market place, 6 homes went under contract during this period, and 9 where SOLD during the month.  Of the 52 homes 18 were add to or came back on the market during the month of July.

3 Bedrooms

Of the 52 Garden Apartments 15, were three bedroom homes FOR SALE. The list prices of these homes range from $229,900 to the most expensive of $295,000; with an average being $266,873.  These homes have been on the market from 2 day to 326 days, with the average being 69 days. 

Only three 3 bedroom Garden Apartments went under contract during the month of July. The last listed prices went from a low of $215,000 to a high of $264,900; with the average list price was $236,633.  The days on the market ranged from a low of 42 days to a high of 141 days, with the average being 85.

Another three 3 bedroom Garden Apartments went to the closing table in July.  The sales prices including any Seller Subsidy ranged from $209 to high of $269,500, with an average closing price of $240,000.  The days on the market for these homes ranged from 7 to 92 days, with the average of 53 days

2 Bedrooms

There are thirty two 2 bedroom Garden Apartments in this set of homes FOR SALE, clearly the majority of this set of homes The list prices range from $199,000 to the most expensive of $279,900; with the average being $229,122.  These homes have been on the market from 1 day to 236 days, with the average being 67 days. 

Another three 2 bedroom Garden Apartments in the zip code went to under contract in the month of July.  The last listed price ranges from a low of $185,000 to a high of $260,000.  The duration of time the properties where on the market ranged from 8 to 112 with the average being 73 days.

Four two bedroom Garden Apartments in the zip code went to closing in the month of July.  The sales prices including any Seller Subsidy ranged from $212,000 to a high of $226,800.  The duration of time the properties where on the market ranged from 28 to 242 with the average being 129 days.

1 Bedroom

There are five 1 bedroom Garden Apartments in this set of homes FOR SALE. The list prices range from $154,900 to the most expensive of $189,900; with the average being $173,540.  These homes have been on the market from 28 days to 187 days, with the average being 75 days. 

Another two 1 bedroom Garden Apartments in the zip code went to under contract in the month of July.  The last listed price ranges from a low of $170,000 to a high of $179,000; with and average of $174,500. The duration of time the properties where on the market ranged from 29 to 30.

No 1 bedroom Garden Apartments when to closing during the month of July.

  

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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