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Silver Spring Real Estate Overview

Today, November 27, 2009

Market View for Silver Spring

Info
Avg. Listing Price $324,722 Wk ending Nov 18
+$3,599
+1.1%
w-o-w
Median Sales Price $368,950 Aug '09 - Oct '09
-$21,050
-5.4%
y-o-y
922Homes For Sale 4Open Homes
959Recently Sold 491Foreclosures

Market Trends for Silver Spring

Embed Info
Listing price – Silver Spring
Average Listing Price
$324,722
+1.1%
w-o-w
Median Sales Price
$368,950
-5.4%
y-o-y
Average price/sqft
$245
-9.6%
y-o-y
Number of Sales
232
-54.7%
y-o-y
More Silver Spring Market Trends
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Home Prices for Silver Spring

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Nov 18
 
w-o-w

20906
$241,814
-0.1%
20910
$454,761
+0.9%
20901
$337,345
+1.5%
20904
$378,093
+3.2%
20902
$320,052
+0.8%
 
Movers & Shakers
Avg. listing price
Week ending Nov 18
 
w-o-w

20912
$302,845
+7.5%
20904
$378,093
+3.2%
20905
$504,706
+2.5%
20901
$337,345
+1.5%
20910
$454,761
+0.9%
 
View Silver Spring Home Prices Map
 

Silver Spring Summary

Average price per square foot for Silver Spring MD was $245, a decrease of 9.6% compared to the same period last year. The median sales price for homes in Silver Spring MD for Aug 09 to Oct 09 was $368,950 based on 232 home sales. Compared to the same period one year ago, the median home sales price decreased 5.4%, or $21,050, and the number of home sales decreased 54.7%.

There are currently 922 resale and new homes in Silver Spring on Trulia, including 4 open houses, as well as 491 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Silver Spring MD was $324,722 for the week ending Nov 18, which represents an increase of 1.1%, or $3,599, compared to the prior week.

 

Schools in Silver Spring

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Montgomery County Public Schools
Public
PK - 12
203
137,964
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Galway Elementary School
Public
PK - 5
New Hampshire Estates School
Public
PK - 2
Forcey Christian School
Private
PK - 8
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Silver Spring Schools
 

Community Info for Silver Spring

Info
More Silver Spring Community Info

Homes for Sale in Silver Spring

3823 Gawayne Terrace #31, Silver Spring MD
3823 Gaway…
$244,400
4 br  3 ½ ba
11323 Baroque Road, Silver Spring MD
11323 Baro…
$335,000
4 br  3 ½ ba
1110 Fairland Road, Silver Spring MD
1110 Fairl…
$439,900
4 br  2 ba
13625 Cedar Creek Lane, Silver Spring MD
13625 Cedar…
$325,000
3 br  3 ½ ba
14574 Farmcrest Place, Silver Spring MD
14574 Farm…
$215,000
2 br  1 ½ ba
206 Whitmoor Terrace, Silver Spring MD
206 Whitmo…
$469,900
4 br  2 ba
View all Silver Spring Homes for Sale
 
Stats & Trends
Silver Spring

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 20901
  • 20902
  • 20903
  • 20904
  • 20905
  • 20906
  • 20907
  • 20908
  • 20910
  • 20911
  • 20912
  • 20913
  • 20914
  • 20915
  • 20916
  • 20918
  • 20993
  • 20997
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Nearby Cities

Cities
Median
sales price
Average
listing price
Takoma Park
$470,000
$302,676
Adelphi
$488,000
$185,200
Kensington
$536,000
$575,170
University Park
$354,900
$457,775
Berwyn Heights
$240,500
$237,081
College Park
$201,000
$257,993
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Advice

Recent Q&A in Silver Spring, MD

Q: I am planning to buy a condo in the 20906 area what are some of the cost involved in the closing. does condo fees cover all utilities? 3 answers
Q: Hi - we are interested in Refi'ing but all the loan officers ask me "whats the value" - trulia and zillow are aprx $120K apart. We 7 answers
Q: loan modification with Wells Fargo 4 answers
Q: How do i get countrywide to speed up the process!!? 3 answers
Q: Hi everyone! Closed on our new home mid-July. First sustained cold rain (we've had heavy but not over many days and all in warm weather) and 4 answers

Got a real estate question? 

More Advice:
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  • Find a real estate professional Silver Spring, MD

Nearby Cities Real Estate

  • Takoma Park Real Estate
  • Adelphi Real Estate
  • Kensington Real Estate
  • University Park Real Estate
  • Berwyn Heights Real Estate
  • College Park Real Estate

Nearby Cities Sold Homes

  • Takoma Park Sold Homes
  • Adelphi Sold Homes
  • Kensington Sold Homes
  • University Park Sold Homes
  • Berwyn Heights Sold Homes
  • College Park Sold Homes

Nearby Cities Home Prices

  • Takoma Park Home Prices
  • Adelphi Home Prices
  • Kensington Home Prices
  • University Park Home Prices
  • Berwyn Heights Home Prices
  • College Park Home Prices

Silver Spring Stats & Trends

  • Silver Spring Market Trends
  • Silver Spring Schools
  • Silver Spring Community Info
  • Silver Spring Home Prices
  • Silver Spring Real Estate
  • Silver Spring Recently Sold Homes

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Silver Spring real estate—use Trulia to find real estate in Silver Spring as well real estate in other cities in Maryland. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Silver Spring real estate trends, market activity, and neighborhood information. Before buying a house in Silver Spring, research real estate on Trulia. Understanding the Silver Spring real estate market is your first step to buying a home in Silver Spring, Maryland. Our real estate guide gives your a valuable overview of the Silver Spring real estate market—find Silver Spring properties, sales statistics, real estate price trends, real estate market activity, comparisons of Silver Spring schools or Maryland schools, and general demographic information for Silver Spring, MD. Trulia's real estate guide combines a Silver Spring map with a detailed list of Silver Spring neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Silver Spring.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

 
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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