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Silver Spring, MD Oakview Neighborhood Real Estate Market Report

By
Real Estate Agent with Long & Foster Real Estate, Inc MD 82788

A neighborhood of post war cape cods colonials ramblers and split levels.  Oakview is located in a convenient area of Silver Spring,  inside the beltway and approximately 2 miles to the Washington, D.C. border.  Oakview is bordered by Northwest Branch Park, the Beltway, New Hampshire Avenue and Stateside Drive.  There are 692 Single Family Homes in Oakview. Oakview has the most affordable single family homes in Silver Spring that are located INSIDE the Beltway!

Market Report for Single Family (Detached) Homes in the Oakview Neighborhood of Silver Spring, Md 20903  Real Estate Activity from November 5th 2007 to February 5th 2007. 

Currently 18 Active Listings
Price Range $269,900 to $549,900
Average Price for Active Listings - $406,650
Average Time on the Market - 162 Days

1 Pending (Listings Under Contract)
List Price for Pending Listing - $365,000
Days on Market - 9

10 Listings were Withdrawn Expired from the Market
Average List Price of Withdrawn Listings - $453,870
Average Days on Market before withdrawl - 127

6 Sold Listings
Average List Price - $385,549
Average Sold Price - $377,583
Average Days on Market - 101


2007 Year End Sales Report 
There were 23 Homes Sold in Oakview in all of 2007. 
The Average List (Asking)Price in 2007 was  - $420,612 and the Average SOLD Price was - $415,065
The Average Amount of Seller Credits or Subsidy to Buyers in 2007 was $13,500 per House Sold
The Average Time it took to sell a House in Oakview was 80 Days

Click Here to Search all homes available for Sale in Oakview , Silver Spring,  MD  20903


If you are thinking about Selling Your Silver Spring Home - Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Property. With our 21 years of Experience and our Enthusiasm for Silver Spring, we know how to get Silver Spring Homes Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.
 
           Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home's Value

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If you are planning a move to or from the Silver Spring or Takoma Park, Maryland area, put my 30 years of local experience and expertise to work for you.  Licensed in Maryland and the District of Columbia. 

Call or email me at: 

DebbieCookRE@outlook.com  

Cell      (301) 233-8309            Debbie Cook - Silver Spring Takoma Real Estate
The Silver Bee Silver Spring Real Estate Blog
Home  (301) 587-3528

www.DebbieCook.net

 

Comments (1)

Matt Ratcliffe, REALTOR
Keller Williams Realty Brazos Valley - College Station, TX
What a great handle you have on the area.  I sure am glad to see agents grasp the areas.
Feb 05, 2008 03:31 AM