Wintergate/LNGMD – Silver Spring Md. 20906 – Current market Report Jan 2008

3 Bedrooms homes

There are two 3 Bedroom Garden Apartments on the market FOR SALE at the time of this report (2/5/2008) in the Wintergate/LNGMD subdivision of Silver Spring Maryland. The current list price for these homes is $277,450 and they have been on the market for 28 days. The prices range from $265,000 to $289,000; with days on the market ranging from 23 to 33 days.

There is only one 3 Bedroom home under some form of contract at the time of this report; its last list price was $274,500 and was on the market for near 2 and a half months (78 days).

No 3 Bedroom home has gone to the closing table since November 1, 2007.

2 Bedrooms

There are currently five 2 Bedroom homes on the market FOR SALE in the community. The prices range from $250,000 to $265,000 with the average being $258,980. The days on market for these homes range from a low of 53 days to the longest of 239 days; the average being just over 4 and one have months (133 days).

There are 2 bedroom homes under any form of contract or that have been sold since November 1, 2007.

Rentals

Currently there is one 3 bedroom Garden Apartment on the market FOR RENT. This home has been on the market for 82 days at $1800 per month.

Currently there is also one 2 bedroom home on the market FOR RENT. This home has been on the market for 41 days at $1275 per month.

There have been two signed leases in the community since November 1, 2007. They where listed at $1300 and $1350 and on the market for an average of less than a month at 27 days.