Today’s View – June 01, 2012 – Aspen Hill – Detached Homes
This is a market report for detached and semi-detached homes in Silver Spring, Md. 20906, commonly known as Aspen Hill. Not included in this report are those homes in the senior citizen community of Rossmoor. At the time of this report (06/01/12) there are 63 such homes on the market FOR SALE, 926under contract, and another 19 that have sold in the last 30 days.
Two Bedrooms
There is only one two-bedroom detached home in this report area for sale. This home is listed for $500,000 and has been on the market for year and a half (584 days). This home is located on 5+ acres of ground.
Five two-bedroom detached or semi-detached homes in this report area are under some form of contract at this time. The last known list price of these homes ranged from $69,000 to $185,000, with the median price being $170,000. The days on market for these homes ranges from a day to three weeks (21 days) with the median being two weeks (14 days).
In the last 30 days no two-bedroom detached home in this market place has completed the sales process.
Three Bedrooms
There are 15 three-bedroom detached or semi-detached homes in this market place for sale. These homes range in price from a low of $165,000 to $499,000, with the median being $309,000. The days on market for these homes ranges from a day to over 16 months (490 days) with the median approaching two months (55days).
There are 17 three-bedroom detached or semi-detached homes in our report area that are under some form of contract. The last known list price of these homes ranged from $140,000 to $399,000 with the median being $234,900. The days on market for these homes range from just a day to just over seven months (216 days) with the median being over a month (42 days).
In the last 30 days five three-bedroom detached home in this market place have successfully completed the sales process. The closing price of these homes ranged from $206,000 to $310,000 with the median being $274,990. The days on market for these homes ranges from over a week (10 days) to over a month (35 days) with the median being nearly three weeks (20 days).
Four Bedrooms
Clearly, the majority of the detached or semi-detached homes on the market in this area are the 30 four-bedroom homes for sale. These homes range in price from a low of $289,000 to $699,999, with the median being $492,346. The days on market for these homes ranges from a day to 14 months (420 days), with the median being over two months (68 days).
There are 51 detached or semi-detached homes in this market place that are under some form of contract. The last known list price of these homes ranged from $150,000 to $795,000, with the median being $317,000. The days on market for these homes ranged from a day to approaching nine months (266 days) with the median being nearly a month (28 days).
In the last 30 days nine four-bedroom detached or semi-detached homes in this market place have successfully completed the sales process. The closing price of these homes ranged from $307,500 to $525,000, with the median being $408,500. The days on market for these homes ranged from a week (5 days) to over five months (155 days) with the median bring over a month (34 days).
Five Bedrooms
There are 12 five-bedroom detached or semi-detached homes in this market place for sale. These homes range in price from a low of $277,499 to $799,000, with the median being $515.477. The days on market for these homes ranges from five days to over 15 months (459 days) with the median being just over a month (35 days).
There are 17 five-bedroom detached or semi-detached homes in this report area that are under some form of contract. The last known list price of these homes ranged from $215,000 to $699,900, with the average being $333,000. The days on market for these homes ranged from six days to over a year (368 days) with the median being just over a month (38 days).
In the last 30 days five five-bedroom detached or semi-detached home in this market place have successfully been sold. The closing price of these homes ranged from $289,000 to $469,900, with the median being $391,000. The days on market for these homes ranged from three days to eight days with the median being just 6 days.
Six Bedrooms
There are five six-bedroom detached or semi-detached homes in the report area for sale. These homes range in price from a low of $339,000 to $865,000, with the median being $583,560. The days on market for these homes ranges from five days to sevn months (214 days) with the median being two months (63 days).
There are four six-bedroom detached or semi-detached homes in the report area that are under some form of contract. The last known list price of these homes ranged from $250,000 to $499,900, with the median being $274,500. The days on market for these homes ranged from over three weeks (24days) to six months (180 days) with the median being nearly three months (81 days).
In the last 30 days no six-bedroom detached or semi-detached home in this market place have successfully completed the sales process.
If you have any questions about this report, please call me or send me an email. I look forward to helping you.
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