Today's View - July 20, 2011 - Silver Spring Md. 20905 - Detached Homes

Today's View - July 20, 2011 - Silver Spring Md. 20905 - Detached Homes

Today there are 82 detached or semi-detached homes on the market for sale in Silver Spring, Md. 20905, commonly known as Colesville.  There are at this time 31 detached or semi-detached homes under some form of contract in this market, too.  In the last 30 days, 11 detached or semi-detached homes completed the sales process and have new owners.

Two Bedroom Homes

There is only one two-bedroom Cape Cod home on the market for sale at the time of this report.  The list price of this home is $59,000 and it has been on the market for nearly eleven months (325 days).

Today there no two-bedroom detached or semi-detached homes under contract in the area covered by this market report.  In the last 30 days no two-bedroom homes completed the sales process. 

Three Bedroom Homes

There are 16 three-bedroom detached or semi-detached homes on the market for sale.  The list prices of these homes range from $184,900 to $475,000, with the average being $341,368.  The days on market range from two weeks (17 days) to slightly over eight months (254 days) with the average approaching four months (106 days).

Today there are five three-bedroom detached or semi-detached homes in the market area currently under some form of contract.  The last known list price of these homes ranged from a low of $259,900 to a high of $436,000, with the average being $340.760.  The days on market for these homes ranged from three weeks (22 days) to over five months (169 days) with the current realtor,  the average being slightly over two months (70 days).

In the last 30 days, only one three-bedroom home completed the sales process.  This home sold for $240,000 after being on the market for a month (28 days).

Four Bedroom Homes

Clearly a majority of the detached and semi-detached homes covered by this report are the 44 four-bedroom homes on the market for sale.  The list prices of these homes range from $212,647 to $1,525,000, with the average being $497,819.  The days on market range from 5 days to over a year (371 days), the average approaching three months (87 days).

Today there are 12 four-bedroom detached and semi-detached homes in the market area currently under some form of contract.  The last known list price of these homes ranged from a low of $199,000 to a high of $599,900, with the average being $387,431.  The days on market for these homes ranged from three days to just eight months (260 days), with the average being near three months (87 days).

In the last 30 days, eight four-bedroom homes completed the sales process.  These homes sold for between $300,000 and $485,000, with the average being $422,500.  The days on market ranged from two days to over seven months (225 days), with the average approaching two months (54 days).

Five Bedroom Homes

There are 17 five-bedroom detached or semi-detached homes on the market for sale in the area covered by this report.  The list prices of these homes range from $285,000 to $960,000, with the average being $543,530.  The days on market range one day to 27 months (817 days) with the average being slightly over three months (100 days).

Today there are eleven five-bedroom detached or semi-detached homes in the market area covered by this report that are currently under some form of contract.  The last known list price of these homes ranged from a low of $249,000 to a high of $995,900, with the average being $499,345.  The days on market for these homes ranged from six days to just over eleven months (339 days), with the average being nearly four months (111 days).

In the last 30 days, five five-bedroom detached or semi-detached homes in the market area covered by this report completed the sales process.  These homes sold for between $460,000 and $925,000, with the average being $725,000.  The days on market ranged from 10 days to two months (60 days), with the average being just short of a month (27 days).

Six Bedroom Homes

There are four six-bedroom detached or semi-detached homes for sale in the market area covered by this report.  The list prices of these homes range from $590,000 to $1,559,000, with the average being $912,250.  The days on market range from two months (64 days) to 22 months (674 days) with the average being slightly over eight months (245 days).

Today there are only three six-bedroom homes of this type in the market area currently under some form of contract.  The last known list price of these homes ranged from a low of $399,900 to a high of $599,000, with the average being $512,633.  The days on market for these homes ranged from two weeks (14 days) to nearly two months (48 days), with the average being nearly a month (25 days).

In the last 30 days, only one six-bedroom home completed the sales process.  This home sold for $900,000 after being on the market for eight months (250 days).

If you have any questions about this report, please call me or send me an email. I am looking forward to help you.