Today’s View – July 21, 2011 – Silver Spring Md. 20902 – Detached Homes
This is a market report covering the detached homes in the Silver Spring, Md. zip code of 20902, commonly known as Wheaton. Today there is total of 3503 homes on the market for sale in all of Montgomery County, Md. Of that total 921 are in Silver Spring, 143 of them in 20902, 97 of them are detached homes covered by this report.
There are at this time 76 detached homes under some form of contract in this market, too. In the last 30 days, 33 detached homes in this market area completed the sales process and have new owners.
Two Bedroom Homes
There are seven two-bedroom detached homes on the market for sale in this market area. The list prices of these homes range from $180,000 to $359,000, with the average being $258,557. The days on market range from four days to over four months (133 days) with the average being two months (60 days).
Today there three two-bedroom detached homes under contract in the area covered by this market report. The last known list price of these homes ranged from a low of $200,000 to a high of $234,800, with the average being $221,600. The days on market for these homes ranged from one day to nearly three months (82 days), the average being slightly over a month (32 days).
In the last 30 days, only one two-bedroom homes completed the sales process. That home sold for $320,000 and was on the market for only seven days.
Three Bedroom Homes
There are 33 three-bedroom detached homes on the market for sale. The list prices of these homes range from $159,900 to $435,000, with the average being $296,593. The days on market range from two day to slightly over two years (768 days) with the average being slightly over three months (101 days).
Today there are 11 three-bedroom 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 $175,000 to a high of $289,900, with the average being $245,332. The days on market for these homes ranged from less than a week (4 days) to approaching four months (112 days), the average being two months (61 days).
In the last 30 days, eighteen three-bedroom homes completed the sales process. These homes sold for between $163,000 and $430,000, with the average being $301,944. The days on market ranged from one day to approaching months (232 days), with the average approaching two months (58 days).
Four Bedroom Homes
Clearly a majority of the detached homes covered by this report are the 42 four-bedroom homes on the market for sale. The list prices of these homes range from $249,900 to $699,000, with the average being $383,443. The days on market range from one day to 21 months (631 days), the average approaching three months (84 days).
Today there are 30 four-bedroom 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 $219,900 to a high of $649,900, with the average being $350,987. The days on market for these homes ranged from a day to just over thirteen months (396 days), with the average being near three months (81 days).
In the last 30 days, eight four-bedroom homes completed the sales process. These homes sold for between $260,000 and $455,000, with the average being $364,675. The days on market ranged from seven days to approaching eight months (236 days), with the average approaching two months (59 days).
Five Bedroom Homes
There are 11 five-bedroom detached homes on the market for sale in the area covered by this report. The list prices of these homes range from $309,000 to $629,900, with the average being $463,045. The days on market range eleven days to over four months (134 days) with the average being over two months (72 days).
Today there are 20 five-bedroom 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 $200,000 to a high of $545,000 with the average being $316,090. The days on market for these homes ranged from a day to just over thirteen months (410 days), with the average being nearly four months (105 days).
In the last 30 days, four five-bedroom detached homes in the market area covered by this report completed the sales process. These homes sold for between $280,000 and $405,000, with the average being $335,000. The days on market ranged from a day to approaching nine months (266 days), with the average approaching three month (78 days).
Six Bedroom Homes
There are two six-bedroom detached homes for sale in the market area covered by this report. The list prices of these homes range from $329,000 to $399,000, with the average being $364,000. The days on market range from approaching three months (84 days) to just over three months (98 days) with the average being three months (91 days).
Today there are only one six-bedroom detached home in this market area currently under some form of contract. The last known list price of this home is $190,000 and has been on the market for 26 days.
In the last 30 days, two six-bedroom detached homes in the market area covered by this report completed the sales process. These homes sold for between $247,000 and $460,000, with the average being $353,500. The days on market ranged from nearly two months (50 days) to just over eight months (242 days), with the average approaching five months (146 days).
Seven Bedroom Homes
There is just one seven-bedroom detached on the market for sale in the area covered by this report. The list price of this home is $460,000 and it has been on the market for a month.
Today there is only one seven-bedroom detached home in this market area currently under some form of contract. The last known list price of this home is $150,000 and had been on the market for 7 days.
In the last 30 days, no seven-bedroom detached home in this market area completed the sales process
Eight Bedroom Homes
Today there is just one eight-bedroom detached on the market for sale in the area covered by this report. The list price of this home is $1,200,000 and it has been on the market for nearly 20 months (606 days).
There is no eight-bedroom detached home in this market area under any form of contract at this time. In the last 30 days, no seven-bedroom detached home in this market area completed the sales process.
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