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Rossmoor - Silver Sping Md. - Dec 2010 Patio home market report

Rossmoor - Silver Sping Md. - Dec 2010 Patio home market report

This is a market report covering patio homes in the active adult community of Rossmoor in Silver Spring Md. 20906. For more information on other communities in the area see other entries on this BLOG or send me an email. At the time of this report December 21, 2010 there are a total of 31 such homes on the market FOR SALE, and one under contract at this time too. Since November 1, 2010 only three patio homes in this community have changed ownership.

Two bedroom configurations

There are 12 two-bedroom patio homes in this set of 31. The current list prices range from $99,000 to $325,000, and they have been on the market with the current Realtor for an average of a slightly over four months (130 days).

There is currently no patio home with this configuration currently under contract, and only one that has sold since November 1, 2010. That home sold for $106,000 after being on the market for two months (62 days) with the current realtor.

Three bedroom configurations

There are also 19 three-bedroom patio homes in the community on the market for sale. The list prices range from $157,000 to $400,000, with the average being $264,510. The current average days on market for these homes with the current realtor are over of four months (137 days).

There in also one three-bedroom patio home under contact at his time. This home was last listed at $229,000 and was on the market with the current realtor for approaching nine months (275 days).

Two three-bedroom patio homes have successfully changed ownership during this reporting period. These homes sold for $212,500 and $230,000 after being on the market for an average of nearly four months (117 days).

If more information is needed, or if you care to discuss other configurations; please give me a call or send me an email.

Posted Tuesday Dec 21