The Silverton Condos (by JBG Group) on East West Highway was built around the vintage art deco facade of the former Canada Dry bottling plant and has 210 dwelling units.
The units were finished in 2006 - 2007
The Silverton has Beautifully Appointed Floor Plans, Glass Doors Leading to Private Balconies,
Chef-Caliber Kitchens with Maple Cabinets and Granite Countertops, Granite Vanities in Bathrooms and Full-Size Washers and Dryers in the units!
There is a High-Tech Resident E-Lounge, Swimming Pool, Expansive Sundeck and a Cutting-Edge Fitness Center.
The Building is within Walking Distance to Metro and has Easy Access to Washington, DC & I-495 Close to Excellent Shopping, Fine Dining & Entertainment.
This market report encompasses All Sales Activity at the Silverton ( January 2008 - July 2008)
All data is from the Metropolitan Regional Information System
3 Active (For Sale) Listings
1) 2 Bedroom 2 Bath - 3rd Floor Unit (1,307 sq ft)
Asking Price - $499,900 Days on Market - 117
2) 2 Bedroom 2 Bath - 2nd Floor Corner Unit
(1,084 sq ft) Asking Price - $395,000
Days on Market - 62
3) 1 Bedroom 1 Bath - 2nd Floor Unit (718 sq ft)
Asking Price - $290,000 Days on Market - 232
1 Listing Under Contract
1) 1 Bedroom 1 Bath - 1st Floor Unit (792 sq ft)
Asking Price - $290,000 Days on Market - 65
3 Sold Listings
1) 1 Bedroom 2 Bath Special Unit (955 sq ft)
Asking Price - $324,900 Sold Price - $324,900
Days on Market - 25
2) 1 Bedroom 2 Bath Special Unit (955 sq ft)
Asking Price - $324,900 Sold price - $324,900
Days on Market - 25
3) 1 Bedroom 1 Bath 2nd Floor Unit (776 sq ft)
Asking Price - $295,000 Sold Price - $290,000
Seller Subsidy $7,700 - Days on Market - 58
Thinking about Selling or Buying a South Silver Spring Condominium? - Contact Debbie Cook (301) 587-3528 for your current, No Obligation Market Report on the Silver Spring Condominium Market.
Gaithersburg, MD
Certified Mortgage Planning Specialist
Debbie-Thanks again for the RE market update in my Silver Spring neighborhood. From your update, it appears properties are staying shorter in the market and the prices also appear to be stablizing.
Jul 13, 2008 01:59 AM
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