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Silver Spring Market Trends

Today, November 28, 2009

Median Sales Price in Silver Spring

Embed Info
1 yr 5 yr Max
Silver Spring median sales prices
Number of sold homes in Silver Spring
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$368,950-5.4%$357,000$390,000$340,000
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Silver Spring Summary

The median sales price for homes in Silver Spring MD for Aug 09 to Oct 09 was $368,950. This represents an increase of 3.3%, or $11,950, compared to the prior quarter and a decrease of 5.4% compared to the prior year. Sales prices have appreciated 8.5% over the last 5 years in Silver Spring.

The average listing price for Silver Spring homes for sale on Trulia was $324,722 for the week ending Nov 18, which represents an increase of 1.1%, or $3,599, compared to the prior week and a decline of 1.6%, or $5,332, compared to the week ending Oct 28. Average price per square foot for Silver Spring MD was $245, a decrease of 9.6% compared to the same period last year.

 

Average Listing Price in Silver Spring

Embed Info
1 yr 5 yr Max
Silver Spring average property price
Silver Spring – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$148,168-3.2%$153,026$152,192$143,652
2 bedrooms$209,279+1.0%$207,298$206,452$207,371
3 bedrooms$320,955+1.8%$315,170$320,805$328,039
4 bedrooms$416,527+2.5%$406,352$411,148$421,222
All properties$324,722+1.1%$321,123$324,100$330,054
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Average Price Per Sqft for Homes in Silver Spring

Embed Info
1 yr 5 yr Max
Silver Spring average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$245-9.6%$242$271$248
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Homes for Sale in Silver Spring

9039 Sligo Creek Parkway #515, Silver Spring MD
9039 Sligo…
$183,500
1 br  1 ba
710 Gist Avenue, Silver Spring MD
710 Gist A…
$373,230
3 br  2 ba
3005 South Leisure World Boulevard #117, Silver Spring MD
3005 S Lei…
$240,000
2 br  2 ba
3823 Gawayne Terrace #31, Silver Spring MD
3823 Gaway…
$244,400
4 br  3 ½ ba
1330 Atwood Road, Silver Spring MD
1330 Atwood…
$659,000
5 br  4 ½ ba
1404 Gridley Lane, Silver Spring MD
1404 Gridl…
$369,000
5 br  3 ba
View all Silver Spring Homes for Sale
 
Stats & Trends
Silver Spring

Real Estate Overview

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Community Info

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  • 20901
  • 20902
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  • 20905
  • 20906
  • 20907
  • 20908
  • 20910
  • 20911
  • 20912
  • 20913
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  • 20993
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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

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Nearby Cities Real Estate

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Nearby Cities Home Prices

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Silver Spring Stats & Trends

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

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Our real estate market trends page gives you a valuable overview of the Silver Spring real estate market. Find Silver Spring properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Silver Spring average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Silver Spring housing statistics are available for each Silver Spring, MD neighborhood.
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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.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average 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.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. 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.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot 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.