Today’s View – May 25, 2012 – Silver Spring (Rossmoor) Md. 20906– Patio Homes
This is a market report for patio homes in the senior citizen community of Rossmoor in Silver Spring, Md. 20906. This is a 610 acre gated community at the northern edge of Silver Spring. At the time of this report (5/26/2012) there is a total of 10 such homes on the market FOR SALE, eight are under some form of under contract, and another three have sold in the last 30 days.
Two Bedrooms
There are six two-bedroom patio homes in Rossmoor for sale at this time. These homes range in price from a low of $210,000 to $264,000, with the median being $224,500. The days on market for these homes ranges from short of three weeks (18 days) to over seven months (225 days) with the median being over three months (103 days).
Two three-bedroom patio homes in Rossmoor are currently under some form of contract. The last known list price of these homes being $175,000 and $269,900, The days on market for these homes were from just over two weeks (17 days) to over six months (185 days).
In the last 30 days, another two two-bedroom patio home in this market place have completed the sales process. These homes sold for $275,000 and $362,500 after being on the market for 44 and 49 days.
Three Bedrooms
There are four three-bedroom patio homes in this market place for sale at this time. These homes range in price from a low of $235,000 to $329,900, with the median being $254,450. The days on market for these homes ranges from approaching a week (4 days) to approaching three months (112 days) with the median being over a month (48 days).
Six three-bedroom patio homes in Rossmoor are under some form of contract. The last known list price of these homes ranged from $220,000 to $345,000, with the median being $259,450. The days on market for these homes ranges from nearly a week (4 days) to three months (92 days) with the median being over a month (48 days). In the last 30 days, only one three-bedroom patio home has completed the sales process. The home sold for $230,000 after being on the market for three weeks (20 days).
If you have any questions about this report or wanting to discuss the possibility of moving into the community, please call me or send me an email. I am looking forward to helping you.
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