Today’s View – January 30, 2016 – Rossmoor Patio Homes
This is a market report for condo ownership patio homes in the active senior (55 +) citizens community of Rossmoor in Silver Spring, Md. 20906. This is a 610 acre gated senior citizens community at the northern edge of Silver Spring. At the time of this report (1/30/16) there are a total of 2 such homes on the market FOR SALE, 3 that are under some form of contract, and another 3 that have successfully completed the sales process in the last 30 days. This is a lively market, with a 1 month absorption (active/sold) rate.
Two Bedrooms
Currently there no two-bedroom condo patio homes on the market for sale. This home is currently listed for $229,900 and has been on the market for approaching 2 months (50 days).
Currently there are 2 two-bedroom homes under some form of contract. These homes where last listed for $229,900 having been on the market for 4 months (125 days), and $379,000 having been on the market for less than a week (3 days).
In the last 30 days, 1 two-bedroom patio homes has successfully completed the sales process. This home sold for $225,000 after being on the market for 2 weeks (17 days).
Three bedrooms
Currently there are 2 three-bedroom patio homes on the market for sale. These homes are currently listed for $289,000 being on the market for 2.5 months (74 days), and $389,900 being on the market for less than a week (5 days).
Currently there is 1 three-bedroom homes under some form of contract. This home where last listed for $267,500 being on the marker for approaching 1.5 months (40 days)
In the last 30 days, 2 three-bedroom patio homes have successfully completed the sales process. These homes sold for $165,000 after being on the market for 1 week (6 days) and $177,000 after being on the market for 2 months (57 days).
If you have any questions about this report, here is a way to ask me. I look forward to helping you with your real estate needs.
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