Kimberly Place, Silver Spring Md. 20906 - Market Report May 2008

Kimberly Place - Silver Spring Md. 20906 - Market Report May 2008

There are currently seven (7) homes FOR SALE in this subdivision of Silver Spring , Md. 20906. These homes range in size from two-bedroom single level dwellings to three- and four- bedroom townhouses. There is only one (1) home currently under contract and one (1) that has gone to the closing table in the month of May.

In the two-bedroom set there is only one (1) home that is currently on the market listed for $165,000, and it has been on the market for near three months. The one home in the community that is under contract is a two-bedroom home that was last listed for $179,000 and was on the market with the current realtor for just over 5 months (153 days). The one in the community that sold during the month was also a two-bedroom home that was originally listed for $214,000, last listed for $208,000, and sold for $200,000 with a seller subsidy of another $12,000. This home had been on the market for a total of 269 days, with the last realtor having listed it for 105 days.

Clearly the majority of the homes in the community are three- bedroom townhouses and there are 5 of these homes currently on the market. The current list prices of these homes range from $249,900 to $313,000, with the average being $292,840. The days on market range from a little over a month (35 days) to a little over a year (388 days), with the average being a half year (180) days. There are no three- bedroom homes under contract , nor have any gone to the closing table this month.

There is only one four- bedroom townhouse in this community currently on the market for sale. This home is listed for $299,900 and has been on the market for near three months (85 days). No four- bedroom homes have gone under contract or to the closing table in the month of May either.

There are currently no homes FOR RENT in the Kimberly Place subdivision.

If more information is needed about this subdivision or any other in the Silver Spring, Md. 20906, please check my website: robertforce.point2agent.com or give me a call at (301) 237-2277.