Silver Spring (Aspen Hill) Md. 20906 - Detached Home - Market Report - Jan 2010
This market report covers the single family Detached and Semi-Detached homes in the 20906 zip code of Silver Spring Md., excluding the senior citizen's community of Leisure World for which there is a separate posting. For more Market Reports on the area check on the index of similiar reports.
At this time (01/22/2010) there are 65 homes on the market. While there are two bedroom homes on the market, the least expensive is a three bedroom one bath home with a basement; on the market for $165,000. The most expensive is a five bedroom four full bath two half bath home also with a basement and on two acres of land. This home is on the market for $979,900. While there several of the homes are new to the market this week and several have been on the market with the current Realtor for over a year, the average time on the market with the current Realtor is slightly over three months (93 days).
There are currently 84 detached or semi-detached home under some form of contract in the zip code. While there is a two bedroom under contract, the least expensive is a three bedroom, two full bath, three level home last listed for $141,500. Likewise while there is a six bedroom home under contract, the most expensive is a four bedroom, three full bath one half bath home with a basement and two car garage last listed at $645,800. The average last known list price for all the homes is $254.715. While some went under contract shortly after being placed on the market with their current Realtor, the longest was nearly 15 months (435 days), with the average being just about two months (62 days).
Since December 22, 2009; 23 detached or semi-detached homes have been successfully sold in this section of the zip code. Closing prices have ranged on these homes from a low of $124,344 to a high of $515,000. The days on market for this set of homes ranged from less than a week (2 days) to the longest being nearly 7 months (202 days), with the average being a little over a month (36 days).
During the same period last year (12/22/08-01/22/09), 22 detached or semi-detached homes have been successfully sold in this section of the zip code. Closing prices have ranged on these homes from a low of $158,000 to a high of $742,500. The days on market with the current Realtor ranged for this set of homes from the first day to the longest being nearly eight months (235 days), with the average approaching three months (79 days).
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