Silver Spring Real Estate Trends & Statistics

Silver Spring Median List Price

$389,900

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Silver Spring Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	461	439	5%	630	27%
Median List Price	$389,900	$399,900	3%	$379,900	3%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	4%	5%		7%
Median DOM	34	30	13%	46	26%
Median House Size	1,409	1,416		1,645	14%
Median $/Sqft	$175/sqft	$174/sqft	1%	$173/sqft	1%

	Today	1 Month Ago		1 Year Ago
Total Inventory	281	269	4%	424	34%
Median List Price	$487,000	$489,900	1%	$439,900	11%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	4%	5%		6%
Median DOM	31	29	7%	46	33%
Median House Size	2,720	2,950	8%	2,742	1%
Median $/Sqft	$186/sqft	$184/sqft	1%	$186/sqft

	Today	1 Month Ago		1 Year Ago
Total Inventory	180	170	6%	206	13%
Median List Price	$199,950	$199,950		$239,900	17%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	5%	5%		7%
Median DOM	38	34	12%	46	17%
Median House Size	1,138	1,120	2%	1,200	5%
Median $/Sqft	$165/sqft	$165/sqft		$161/sqft	2%

Silver Spring Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	165	130	72	101	82	85	120
New Listings	260	180	137	210	258	290	379
Sold/Expired	338	308	233	292	313	325	345

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	125	89	50	69	51	51	72
New Listings	154	106	76	121	143	179	240
Sold/Expired	218	195	149	167	190	190	223

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	40	41	22	32	31	34	48
New Listings	106	74	61	89	115	111	139
Sold/Expired	120	113	84	125	123	135	122

Silver Spring, Maryland real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Silver Spring homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Silver Spring. Movoto is your comprehensive source for Silver Spring property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Silver Spring, MD Market Overview

Inventory: 461 Recently Sold: 345 New Listings: 379 Distressed: 4

Silver Spring's home resale inventories increased slightly, with a 5 percent increase since April 2013. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in May. The median listing price in Silver Spring went down from April to May. There were a total of 30 price increases and 120 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

5 Hidden Valley Ct, Silver Spring, MD