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Silver Spring, MD Market Statistics and Real Estate Trends

Silver Spring, MD November 1, 2009 - Silver Spring's home resale inventories decreased, with a 10 percent decreased since October 2009. Distressed properties such as foreclosures and short sales increase as a percentage of the total market in November. The median listing price in Silver Spring went down from October to November. There were a total of 0 price increases and 0 price decreases.

Silver Spring, MD Market Snapshots *

 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory720789 10%1104 53%1374 91%-
Median List Price$289,000$299,000 3%$299,900 4%$325,000 12%-
  % Distressed 
13%11%---
Median Days
on Market
7774 -4%81 5%106 38%-
Median House Size11951195---
Median Price
Per Sq. Ft.
$157$164 4%$173 10%$184 17%-
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory323359 11%543 68%746 131%-
Median List Price$399,911$399,500---
  % Distressed 
16%13%---
Median Days
on Market
7268 -6%---
Median House Size28072800---
Median Price
Per Sq. Ft.
$188$174 -7%---
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory397430 8%561 41%628 58%-
Median List Price$199,000$199,900---
  % Distressed 
11%10%---
Median Days
on Market
8680 -7%---
Median House Size11381129 -1%---
Median Price
Per Sq. Ft.
$154$162 5%---

Silver Spring, MD Market Data Chart *

 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions---227237296291290314250236141
Number of
New Listings
-2623703433003381039060373316
Listings
Sold/Expired
---594594526609679570414337339
 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions---12313217616316418112913185
Number of
New Listings
-14421920517120757503617119
Listings
Sold/Expired
---358360326377434358258209201
 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions---10410512012812613312110556
Number of
New Listings
-11815113812913146402420227
Listings
Sold/Expired
---236234200232245212156128138
* Historical data may be incomplete in some areas.

Silver Spring, MD Market Data Graphs

Median List Price
Inventory
Price Changes

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More Content on Movoto

Most Expensive Listing

2104 NW Forest Glen Rd, Silver Spring - 3 Beds, 1 Baths, $1,900,000
House Image Not Available
details
Please note this listinf includes 4 extra lots call for details. Possible development, right across the street from the Forest Glen Metro. Property sold as is. Much potential..... 
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Least Expensive Listing

House Image Not Available
details
COMPLETLEY RENOVATED,WONDERFUL COVERED PATIO WITH BEAUTIFUL VIEWS OF PARK-LAND AND LIGHTED PATHS,PLEASE USE MONTGOMERY MUTUAL CONTRACT 
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Highest Square Footage

2104 NW Forest Glen Rd, Silver Spring - 3 Beds, 1 Baths, $1,900,000
House Image Not Available
details
Please note this listinf includes 4 extra lots call for details. Possible development, right across the street from the Forest Glen Metro. Property sold as is. Much potential..... 
Read More
Silver Spring, Maryland real estate market statistics are calculated by Movoto every day from various sources. Learn about the housing trends and current inventory in Silver Spring, MD. We have statistics on house characteristics such as the median, minimum, and maximum numbers of bedrooms, bathrooms, and garage parking spaces in Silver Spring, MD. Additionally, various price per square foot values are calculated to help you get a feel for how much house you get for the money in Silver Spring. Although we tried to make sure the statistics are accurate, it is sometimes hard to have them absolutely correct, so please consult your real estate agent or a Movoto-Certified Agent to confirm the statistics. You can also read about 20901 neighborhood information, 20902 neighborhood information, 20903 neighborhood information, 20904 neighborhood information, 20905 neighborhood information, 20906 neighborhood information, 20910 neighborhood information and demographics, find a Silver Spring top rated agent, and learn about Silver Spring schools. Movoto is your comprehensive source for Silver Spring property information and Silver Spring homes for sale.

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Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.