Market Conditions in 20903>Question Details

Jale, Other/Just Looking in Silver Spring, MD

how much is my house current price/?

Asked by Jale, Silver Spring, MD Sat Aug 16, 2008

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The 2012 market statistics for detached homes selling in 20901 are in and it’s good news for Silver Spring home owners! 2012 showed a strong increase for all market indicators. Total number of transactions increased from 239 in 2011 to 306 in 2012, a 28% increase! What’s more is both average and median close prices increased 4%. Average close price jumped from $369,188 in 2011 to $385,260 while median close prices increased from $365,000 to $375,000. Home owners also realized sales closer to their original list price. 2012 yielded a close price of 95.4% of OLP verses 92.9% in 2011. And homes took less time to sell. Average days on market fell 11% from 82 days in 2011 to 73 days in 2012 while median days on market dropped like a stone from 53 days to 36 days.

Pure Energy Team statistics are even better! Donna Kerr remains the #1 agent in 20901! No other agent or team has been able to top her 290 total sales in 20901 totaling $112,113,679! Donna’s 2012 listing statistics also rocked! Median close price to original list price ratio came in at 99.2%!! And average close price was $430,695 while the median close price was $424,000. We also sold our homes faster with average days on market of 35 days and median DOM of 10.5!
1 vote Thank Flag Link Fri Jan 18, 2013
$143,932.63...but that's just a rough estimate.
1 vote Thank Flag Link Sun Aug 17, 2008
Please click on the link for a full report to see what your neighbors are selling their homes for.
I am local, call me if you have any questions.

Thank you.

http://www.kensingtonareahomes.com/mimarket/zip/20901/
0 votes Thank Flag Link Sat Feb 2, 2013
Jake,
Silver Spring is a large area. It will depend on your community, your home (condition, size, lot, etc). If you can email me your address I'll be glad to send you a market report for you community.
Paul
0 votes Thank Flag Link Tue Aug 19, 2008
Jale - I don't work in your area. However, I do know agents that do and if you need a referral, email me at vchrisner@kw.com. If you are looking for an estimate, and some really good data that you can analyze yourself, go to my web site. On the front page you can order a market snapshot. It is automated. You enter your address and basic info about your house, and it will email you a report - it's quite comprehensive - with information about homes for sale and that have sold near your home. This links through the DC Metro area MLS, so it works for your area even though I can not personally help you there.
0 votes Thank Flag Link Sun Aug 17, 2008
Jale,

Could you please elaborate on your question? I am not sure I am understanding what you are asking. If you are asking what the value of your current home is--then yes, you should have a Realtor come to your home to go over the information with you. If you are asking something else, please let me know and I would be happy to assist you. I can be reached at LDevnew@cbmove.com
0 votes Thank Flag Link Sun Aug 17, 2008
Jale, you will need to have comparative market analysis done on your home by either a licensed real estate agent or an appraiser. Your best bet at this stage is to use a seasoned agent who will show you what has sold, what is currently listed and what DID NOT sell in your market area. please feel free to contact me if I can be of any service to you.
Web Reference: http://www.sallybolger.com
0 votes Thank Flag Link Sun Aug 17, 2008
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