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Silver Spring Home Values and Market Report

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Report prepared by MeetTheBarbosaGroup.com The Barbosa Group

Market at a glance

Over the last 12 months, homes sold for 97.1% of list price in 33 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $570K Sold · $589K
$700K$580K$460K$340K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 6 sales in Jul. Last month: 0.

Where the market stands

All homes in this report, by status.

56homes
Active16 · 29%
Under contract4 · 7%
Sold (12 mo)36 · 64%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$778K
Under contract$547K
Sold$628K

Average days on market

Active70 days
Under contract48 days
Sold33 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 16
Average list price $777,899
Avg. days on market 70 days
Avg. price per ft² $364 Based on 14 of 16 homes
Avg. living area 1,570 ft² Based on 14 of 16 homes
Avg. beds / baths 3.1 / 2.6

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 14 homes plotted, up to $1.5M and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

2 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

734 Silver Spring Ave$521
7981 Eastern Ave Unit 301$510
1320 Fenwick Ln Unit 309$483
708 Hankin St$471
710 Silver Spring Ave$422
8045 Newell St Unit 423$390
710 Wayne Ave$376

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
8618 Fenton StSilver Spring, MD 20910 ———$4,000,000—3 days
708 Hankin StSilver Spring, MD 20910 662,808$1,325,000$471301 days
710 Silver Spring AveSilver Spring, MD 20910 542,842$1,200,000$4224 days
710 Wayne AveSilver Spring, MD 20910 432,522$950,000$37631 days
734 Silver Spring AveSilver Spring, MD 20910 421,725$899,000$52175 days
1202 Canyon RdSilver Spring, MD 20904 532,323$785,000$33730 days
2921 Weisman RdSilver Spring, MD 20902 642,015$599,000$29745 days
2230 Wimbledon CirSilver Spring, MD 20906 341,748$519,000$2964 days
7981 Eastern Ave Unit 301Silver Spring, MD 20910 22833$425,000$51092 days
7923 Eastern Ave Unit 303Silver Spring, MD 20910 221,004$330,000$32839 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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