Silver Spring Md. 20901 - Condo - Market Report - November 2009

Silver Spring Md. 20901 - Condo - Market Report - November 2009

This market report is to cover Condos FOR SALE in the Silver Spring Md. 20901 zip code, except for those in the senior citizen community of Leisure World. At the time of this report (11/02/09) there are 20 units available for sale in the area cover by this report. While there are one-bedroom homes on the market for sale, the least expensive is a two-bedroom one full bath home on the market for $89,000. The most expensive is a two-bedroom two full baths with covered parking listed for $250,000.

There are two condos that are under contact at the time of the report.

Since October 1^st of 2009 only one condo completed the sales process in this zip code.

One Bedroom

There are ten one-bedroom one full bath condo units on the market in this market at the time of this report. The least expensive is listed for $89,900, the most expensive is listed at $199,900, and the average is $153,130. The days on market (with the current Realtor) range from just over three weeks (22 days) to nearly 20 months (615 days), with the average just over four months (128 days).

These are currently no one-bedroom condos under contact in the report area.

The one condo that did sell in the zip code since October 1^st 2009 was a one-bedroom one bath home. This apartment sold for $135,000 after being on the market with the current Realtor for just over one month (41 days).

Two Bedroom

There are also ten two-bedroom most with one full bath condo units on the market in this market at the time of this report. The least expensive is listed for $89,000 and the most expensive, which is a two-bedroom two full bath unit, listed at $250,000, with the average being $194,560. The days on market (with their current Realtor) range from just about a week (6 days) to just over four months (133 days), with the average just over two months (70 days).

Currently there is only one two-bedroom one full bath condos under contact in the report area. This home was last listed for $120,000.

No two-bedroom one bath condo has gone to the closing table during the time frame of this report.

Three Bedrooms

While there are no three-bedroom condo apartments on the market for sale at this time, there is one under contract. That apartment was last listed at $299,000 and had been on the market with it currently Realtor for just about two months (62 days).

If you or anyone you know would be interested in one of these homes, or looking for more detail on this set of homes, please get in contact with me.