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Today’s View – April 26, 2012 - Silver Spring, Md - Rossmoor CO-OP - Market Report

By
Real Estate Agent with Weichert Realtors - Aspen Hill MD581725

Today’s View – April 26, 2012 -Rossmoor CO-OP

This is a market report for cooperative ownership (CO-OP) apartment in the senior citizen community of Rossmoor in Silver Spring, Md. 20906.  At the time of this report (04/26/2012) there is a total of 17 such homes on the market FOR SALE, 7 under contract, and 4 that have sold in the last 30 days.

One Bedroom

Five of those for sale are one bedroom apartments, ranging in size from 635 to 990 sq ft.  These homes are currently listed from $36,000 to $65,900; with the median being $40,000.  The days on the market ranging from short of a month (27 days) to over three months (98 days) with the median being over two months (71 days).

Currently there are two one-bedroom co-op apartments under contract in the community of Rossmoor.  This home was last listed at 44,000 and $57,900.  The days on market for these two homes are short of two months (58 days) and short of six months (174 days).

In the last thirty days, two one-bedroom coop apartments has gone to closing in the community of Rossmoor.  The closing price of this home was $34,000 and $50,000.  The days on market for these two homes were from just over a week (8 days) to nearly five months (149 days).

Two Bedrooms

There are 12 two bedroom apartments on the market for sale in the Rossmoor community at this time. These homes range in size from 1035 to 1600 sq. ft. These homes are currently listed from $49,900 to $124,900; with the median being $76,450. The days on market range from a day to just over six months (186 days), with the median being nearly two and a half months (74 days).

Currently there are five two bedroom coop apartments under contract in the community of Rossmoor.  These homes were last listed for $57,000 to $115,000; with the median being $105,000.  The days are market for this set of homes ranged from over a week (12 days) to nearly eight and a half months (197 days), with the median being nearly a month and a half (43 days).

In the last thirty days, two two-bedroom co-op apartments have gone to closing in the community of Rossmoor.  These homes sold for $4500 and $55,000; with the median being $52,000.  The days on market for these homes ranges from a week (10 days) to over a month and a half (45 days), with the median being a month (28 days).

If you have any questions about this report, please call me or send me an email. I look forward to helping you with your real estate needs.

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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Hope this was of some value to you.

Please ICE your cellphones!

May this FORCE be with you

Comments (2)

Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

This looks like a healthy coop market report, majority of the housing market here in Manhattan New York are coops.

Apr 26, 2012 08:19 AM
Bob Force (REALTOR®)
Weichert Realtors - Aspen Hill - Mount Airy, MD
The FORCE in Maryland Real Estate

Eileen:

Yes, property is moving here in the senior citizen community.

Thanks for stopping by and leaving a comment, now I just need some to stop and buy.

Apr 26, 2012 02:34 PM