Today's View - February 03, 2012 - Rossmoor CO-OP's

Today’s View – February 03, 2012 -Rossmoor CO-OP's

This is a market report for cooperative ownership (CO-OP) apartment in the senior citizen community of Rossmoor in Silver Spring, Md.20906. At the time of this report (02/03/2012) there is a total of 15 such homes on the market FOR SALE, 9 under contract, and 8 that have sold since the first of the year.

One Bedroom

Seven of those for sale are one bedroom apartments, ranging in size from 635 to 990 sq ft. These homes are currently listed from $32,900 to $57,000; with the average being $48,757. The days on the market ranging from two weeks (16 days) to over seven months (228 days) with the average being over three months (99 days).

Currently there is one one-bedroom coop apartments under contract in the community of Rossmoor. This home was last listed for $39,000 and was on the market for approaching two months (51 days).

Since the first of the year, one one-bedroom coop apartments has gone to closing in the community of Rossmoor. The closing price of this home was $28,000 and it was on the market for approaching four months (112 days).

Two Bedrooms

There are eight two bedroom apartments on the market for sale in the Rossmoor community at this time. These homes range in size from 1035 to 1600 sq. ft. These homes are currently listed from $49,900 to $129,000; with the average being $82,600. The days on market range from new today to just over 18 months (553 days), with the average being over four months (138 days).

Currently there are eight two bedroom coop apartments under contract in the community of Rossmoor. These homes were last listed for $49,900 to $125,000; with the average being $88,975. The days are market for this set of homes ranged from just over a week (10 days) to nearly eight months (236 days), with the average being nearly three months (87 days).

Since the first of the year, seven two-bedroom coop apartments have gone to closing in the community of Rossmoor. These homes sold for $4500 to $100,000; with the average being $74,000. The days on market for these homes ranges from a week (8 days) to over a year (373 days), with the average approaching three months (86 days).

If you have any questions about this report, please call me or send me an email. I look forward to helping you with your real estate needs.