Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

September 2007 - Market Stats for Silver Spring Zip Code 20901
This report covers the time period of September 1 - September 30 - 2007 and is for single family homes only in Silver Spring, MD 20901 (part of Montgomery County)
20901 in Silver Spring encompasses the neighborhoods from Dumont Oaks to Highland View.  It's a broad geographical zip code, covering homes both inside and outside the Beltway.  If your home falls in this zip code and you plan to sell I'm happy to help you understand what it will take to get your home sold in this market.  Each locale is still unique since all real estate is local and some neighborhoods fare better than others in the same market.
  
 
What does it mean?
On average, the homes in this zip code only got 93.35% of their asking price and it took 57 days to get there.  Condition is undoubtably one of the largest factors in the homes that were able to command more of their asking price.  Pricing at or under the closest comparable is also imperative to get a contract faster and for more of your asking price.  With flat or declining appreciation, it is unwise to price your home above the active competition, since inventory continues to rise without enough of it going under contract ... more

__________________________________________________
Are you on The Rain? Grow Your Network!