Silver Spring, Md. 20906 - Kimberly Place - Market Report Sept 2009

Silver Spring, Md. 20906 - Kimberly Place - Market Report Sept 2009

This is a market report for the Kimberly Place community of Silver Spring, Md. 20906. At the time of this report (9/20/2009) there are only two townnhouses homes in this subdivision on the market FOR SALE. The is currently no homes listed FOR RENT, no homes for which an application to rent is being considered by the landlord, and the last one to rent was in Feburary of 2009.

The least expensive home for sale is a two-bedroom two full bath listed for $100,000 and has been on the market for a little over four months (131 days) with the current Realtor. The most expensive is a three-bedroom two full bath listed at $180,000 and has been on the market with the same Realtor for close to a year (360 days).

There are currently five three-bedroom two full bath homes in the community under contract. The last known list price of these homes ranged from $140,000 to $199,990, wit the average being $162,978. The days on market witht eh current Realtor ranges from less than a month (27 days) to just about a year (361 days), with the average being short of five months (141 days). The is one four-bedroom home under contract with the last known list price being $200,000 and was on the market for less than one month (27 days).

Since August 1st 2009 only two townhouse have gone to closing in the community. The home sold for $169,900 and $173,000. The time on market with lst last Realtor was in both cases less than two weeks (10 and 14 days).

At the time of this posting there are only 71 days left to take advantage of the $8000 tax-credit for first-time home buyers.

My team and I stand ready to help with your real estate needs here in Leisure World. Please feel free to contact me by any of the following methods - my web page, email, or (301) 237-2277.