Today’s View – October 19, 2011 – Silver Spring (Cloverly) Md. 20905 – Detached Homes

Today’s View – October 19, 2011 – Silver Spring (Cloverly) Md. 20905 – Detached Homes

Today there are 83 detached homes on the market for sale in Silver Spring, Md.20905, commonly known as Cloverly. There are at this time 42 detached homes under some form of contract in this market, too. In the last 30 days, 18 detached homes completed the sales process and have new owners.

Two Bedroom Homes

Today there are no two-bedroom detached homes on the market for sale in Coverly. There is only one two-bedroom detached home in Coverly currently under some form of contract. The homes was last listed for $199,000 and was on the market for less than three weeks (20 days)

In the last 30 days only one two-bedroom homes completed the sales process. This home sold for $45,000 after being on the market for over 11 months ( 341 days).

Three Bedroom Homes

There are 15 three-bedroom detached homes on the market for sale. The list prices of these homes range from $289,900 to $525,000, with the average being $396,703. The days on market range from nearly three weeks (19 days) to slightly over 11 months (346 days) with the average approaching four months (102 days).

Today there are six three-bedroom detached or semi-detached homes in the market area currently under some form of contract. The last known list price of these homes ranged from a low of $249,900 to a high of $399,500, with the average being $301,233. The days on market for these homes ranged from over a month (40 days) to over seven months (212 days) with the current realtor, the average being slightly over four months (123 days).

In the last 30 days, two three-bedroom homes completed the sales process. These homes sold for between $318,000 and $339,000, with the average being $328,500. The days on market ranged from two months (61 days) to over four months (133 days), with the average being over three months (97days).

Four Bedroom Homes

Clearly a majority of the detached homes covered by this report are the 27 four-bedroom homes on the market for sale. The list prices of these homes range from $304,900 to $1,525,000, with the average being $513,681. The days on market range from 4 days to over seven months (213 days), the average approaching three months (88 days).

Today there are 19 four-bedroom detached homes in the market area currently under some form of contract. The last known list price of these homes ranged from a low of $195,000 to a high of $625,000, with the average being $397,042. The days on market for these homes ranged from five days to approaching nine months (260 days), with the average being slightly over two months (79 days).

In the last 30 days, three four-bedroom homes completed the sales process. These homes sold for between $223,839 and $403,500, with the average being $334,113. The days on market ranged from three weeks (21 days) to approaching six months (173 days), with the average being slightly over three months (99 days).

Five Bedroom Homes

There are 14 five-bedroom detached homes on the market for sale in the area covered by this report. The list prices of these homes range from $329,900 to $935,000, with the average being $581,059. The days on market range five days to over 30 months (909 days) with the average being slightly over five months (151 days).

Today there are six five-bedroom detached homes in the market area covered by this report that are currently under some form of contract. The last known list price of these homes ranged from a low of $275,000 to a high of $499,000, with the average being $401,317. The days on market for these homes ranged from six days to just over six months (187 days), with the average being just over three months (96 days).

In the last 30 days, three five-bedroom detached homes in the market area covered by this report completed the sales process. These homes sold for between $440,000 and $505,000, with the average being $468,333. The days on market ranged from approaching three months (76 days) to approaching eight months (230 days), with the average approaching five months (142 days).

Six Bedroom Homes

There are six six-bedroom detached homes for sale in the market area covered by this report. The list prices of these homes range from $275,000 to $1,559,000, with the average being $829,808. The days on market range from approaching two months (46 days) to over ten months (306 days) with the average being over five months (169 days).

Today there is only one six-bedroom home of this type in the market area currently under some form of contract. The last known list price of this home is $599,000 and it was on the market for two weeks. In the last 30 days, no six-bedroom home has completed the sales process.

If you have any questions about this report, please call me or send me an email. I am looking forward to help you.