Silver Spring South 4 Corners Market Report

Boundaries: University Boulevard West and Dennis Avenue to the north. Colesville Road to the east. Forest Glen Road to the south and Tenbrook Drive to the west

Highly desirable location close to Forest Glen Metro Station and Downtown Silver Spring. Walking distance to recently renovated "Woodmoor Shopping Center" and a very friendly "Neighborhood Safeway Store" Bordered by Sligo Creek park with an abundance of nature, hiking-biking trails and recreation. This neighborhood has a very active Civic association, many events such as an annual COMMUNITY DAY and neigborhood yard sale. There are a lot of young families with children a babysitting coop, a Large playground and community center on Forest Glen Road. There is a unique "small town" feel to South Four Corners.

Houses in South Four Corners

Developed Around the Original Argyle Country Club (Now Sligo Public Golf Course) before the Beltway bisected the country club grounds. Thus the Sudivision names such as, "Country Club View", "Fairway" and "Argyle Forest" The Oldest Houses in South Four Corners date back to the late 1920's and early 1930's.

There are 5 houses in South Four Corners that make up a Montgomery County "Historic District". They are the "Polychrome Houses" built by John Joseph Early in 1934 and 1935. The houses are outstanding examples of the Art Deco Style with richly ornamented appearance and relatively rare examples of pre-cast concrete panel constuction in single family homes for the time period. 3 polychrome houses are on Sutherland Road and 2 of the polychrome houses face Colesville Road near the exit ramp to the Beltway. A Silver Spring Blogger recently wrote this article about the Polychrome Houses. A Recent Article in the Washington Post is about these houses - from Montgomery County The Historic Polychrome House District Article and from 2005 another Washington Post article . Many people seem to be fascinated with these houses.

Popular House Styles are the Cozy Cape Cods and Traditional Colonials built before, during and just after WWII. During the post war building boom years - the 1950's and 60's brought newer mid century modern ramblers and split levels to complete the neighborhood. There are approximately 1,100 Single Family Homes within the Neighborhood boundaries of South Four Corners.

Real Estate Sales Activity for Single Family Homes in South 4 Corners
for YTD 2008 (Jan - May 2008)

22 Active (For Sale) Listings
Average Price of Active Listings - $427,530
Lowest Price - $332,900
Highest Price - $499,500
Average Time on Market - 59 Days

11 Listings Pending - Under Contract
Average Price for Pending Sales - $404,563
Average Days on Market - 47

5 Listings Withdrawn or Expired from the Market
Average Price Withdrawn Listings - $380,500
Average Time on Market - 183 Days

11 Sold Listings
Average Listing Price - $405,686
Average Sold Price - $391,455
Lowest Sold Price - $310,000
Highest Sold Price - $475,000
Average Days on Market - 116
*Average Subsidy/Credit to Buyers from Sellers - $9,034