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Silver Spring, MD Market Statistics and Real Estate Trends

Silver Spring, MD March 1, 2010 - Silver Spring's home resale inventories increased, with a 18 percent increase since February 2010. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in March. The median listing price in Silver Spring went up from February to March. There were a total of 22 price increases and 166 price decreases.

Silver Spring, MD Market Snapshots *

 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory833682 -18%8361163 40%-
Median List Price$300,000$295,000 -2%$299,000$299,000-
  % Distressed 
12%11%---
Median Days
on Market
5681 45%74 32%95 70%-
Median House Size12001210 1%---
Median Price
Per Sq. Ft.
$157$156 -1%$168 7%$175 11%-
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory397294 -26%393 -1%594 50%-
Median List Price$424,900$415,000 -2%---
  % Distressed 
11%14%---
Median Days
on Market
3471 109%---
Median House Size25342799 10%---
Median Price
Per Sq. Ft.
$172$170 -1%---
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory436388 -11%443 2%569 31%-
Median List Price$199,000$195,000 -2%---
  % Distressed 
12%9%---
Median Days
on Market
7094 34%---
Median House Size11381158 2%---
Median Price
Per Sq. Ft.
$152$151 -1%---

Silver Spring, MD Market Data Chart *

 4/095/096/097/098/099/0910/0911/0912/091/102/103/10
Price Reductions290291296237227251240187168202166155
Number of
New Listings
90103338300343370347222206280274330
Listings
Sold/Expired
679609526594614626621486388422397260
 4/095/096/097/098/099/0910/0911/0912/091/102/103/10
Price Reductions164163176132123136133114921097877
Number of
New Listings
5057207171205219193123113146149217
Listings
Sold/Expired
434377326360369371371298220232225182
 4/095/096/097/098/099/0910/0911/0912/091/102/103/10
Price Reductions1261281201051041151077376938878
Number of
New Listings
40461311291381511549993134125113
Listings
Sold/Expired
245232200234245255250188168190172124
* Historical data may be incomplete in some areas.
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Silver Spring, MD Market Data Graphs

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More Content on Movoto

Most Expensive House

2104 NW Forest Glen Rd, Silver Spring - 3 Beds, 1 Baths, $1,900,000
2104 NW Forest Glen Rd, Silver Spring
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

Least Expensive House

3311 Leisure World BLVD #1A, Silver Spring
details
COMPLETLEY RENOVATED,WONDERFUL COVERED PATIO WITH BEAUTIFUL VIEWS OF PARK-LAND AND LIGHTED PATHS,PLEASE USE MONTGOMERY MUTUAL CONTRACT 
Read More

Highest Square Footage

2104 NW Forest Glen Rd, Silver Spring - 3 Beds, 1 Baths, $1,900,000
2104 NW Forest Glen Rd, Silver Spring
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

Lowest Square Footage

3311 Leisure World BLVD #1A, Silver Spring
details
COMPLETLEY RENOVATED,WONDERFUL COVERED PATIO WITH BEAUTIFUL VIEWS OF PARK-LAND AND LIGHTED PATHS,PLEASE USE MONTGOMERY MUTUAL CONTRACT 
Read More
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.

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