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Debbie Cook

Silver Spring Rated The Best #1 Walking City in Maryland

03-05-08
Debbie Cook

In the April issue of Prevention Magazine each of 50 states were rated for Walking and or Walkability.
Silver Spring, MD was rated#1 in Maryland and #17 of the Top 100 cities in the Nation!

(I sure hope we don't get disqualified when they figure out Silver Spring is not a real city) SHHHHH!

The results from Prevention Magazine's Ratings for the state of Maryland:

No. 1 Silver Spring!!!

The experts cited good countdown signals for walkers that allow enough time to cross at busy intersections, our vibrant Downtown with Shopping, Dining and Entertainment as reasons for rating Silver Spring at the top. We have the most mass transit users anywhere in the state and a low number of cars per household helped Silver Spring rank #1 in Maryland

No. 2 Bethesda - We Finally Beat Bethesda for Something!!
No. 3 Gaithersburg
No. 4 Dundalk
No. 5 Baltimore
No. 6 Frederick
No. 7 Germantown
No. 8 Wheaton-Glenmont
No. 9 Columbia
No. 10 Ellicot City

Find out how your specific Silver Spring Neighborhood scores for Walkability Here.

South Silver Spring Real Estate Market Report for 8045 Newell Street Condos

02-05-08
Debbie Cook

8045 Newell Street (by Patriot Group) is a five story, 120 unit condominium building. This building was completed and already Sold out in 2006. This market report is for the last 6 month period May 4 through November 4th 2007. All units are resales reported in the Metropolitan Regional Information Service (MRIS)

4 Active For Sale Listings
1) 1 Bedroom - 1 Bath 5th (Top) Floor Unit with Sunroom (817 sq ft)
Asking - $295,000 Days on Market - 9

2) 1 Bedroom - 1 Bath 5th Floor unit with Sunroom (820 sq ft) Asking - $325,000
Days on Market - 185

3) 2 Bedroom - 1 Bath 3rd floor Unit
(935 sq ft) - Asking $320,000
Days on Market - 15

4) 2 Bedroom - 2 Bath 2nd Floor Unit
(1,222 sq ft) - Asking $395,000

2 Listings are Under Contract
1) Efficiency 0 Bedroom - 1 Bath - 2nd Floor unit (569 sq ft) Days on Market - 5
Asking - $108,736

2) Efficiency 0 Bedroom - 1 Bath
4th Floor Unit (569 sq ft) Days on Market - 3

In all of 2007 there were 12 Condominiums Sold at 8045 Newell Street:

6 Units were 1 Bedroom - 1 Bath Units
List Price Range $296,000 to $326,999
Sold Price Range $285,000 to $310,000

2 Units were 2 Bedroom - 1 Bath Units
List Price Range $335,000 - 339,000
Sold Price Range $330,000 to $339,000

4 Units were 2 Bedroom - 2 Bath Units
List Price Range $390,000 to $439,900
Sold Price Range $378,000 to $439,900

Average Days on the Market for all Condos at 8045 Newell Street in 2007 - 116 Days

8 Listings were Expired and or Withdrawn from the Market in 2007
All units except 1 were 1 Bedroom 1 Bath Units
Average List Price - $367,000
Average Days on Market - 157 Days


If you are thinking about Selling Your Silver Spring Condominium - Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Condominium. With our 21 years of Experience and our Enthusiasm for Silver Spring, we know how to get Silver Spring Condos Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.

Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home's Value

Silver Spring, MD Oakview Neighborhood Real Estate Market Report

02-05-08
Debbie Cook

A neighborhood of post war cape cods colonials ramblers and split levels. Oakview is located in a convenient area of Silver Spring, inside the beltway and approximately 2 miles to the Washington, D.C. border. Oakview is bordered by Northwest Branch Park, the Beltway, New Hampshire Avenue and Stateside Drive. There are 692 Single Family Homes in Oakview. Oakview has the most affordable single family homes in Silver Spring that are located INSIDE the Beltway!

Market Report for Single Family (Detached) Homes in the Oakview Neighborhood of Silver Spring, Md 20903 Real Estate Activity from November 5th 2007 to February 5th 2007.

Currently 18 Active Listings
Price Range $269,900 to $549,900
Average Price for Active Listings - $406,650
Average Time on the Market - 162 Days

1 Pending (Listings Under Contract)
List Price for Pending Listing - $365,000
Days on Market - 9

10 Listings were Withdrawn Expired from the Market
Average List Price of Withdrawn Listings - $453,870
Average Days on Market before withdrawl - 127

6 Sold Listings
Average List Price - $385,549
Average Sold Price - $377,583
Average Days on Market - 101


2007 Year End Sales Report
There were 23 Homes Sold in Oakview in all of 2007.
The Average List (Asking)Price in 2007 was - $420,612 and the Average SOLD Price was - $415,065
The Average Amount of Seller Credits or Subsidy to Buyers in 2007 was $13,500 per House Sold
The Average Time it took to sell a House in Oakview was 80 Days

Click Here to Search all homes available for Sale in Oakview , Silver Spring, MD 20903


If you are thinking about Selling Your Silver Spring Home - Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Property. With our 21 years of Experience and our Enthusiasm for Silver Spring, we know how to get Silver Spring Homes Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.

Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home's Value

Silver Spring Real Estate - Year End Market Report for the Forest Estates Neighborhood 20902

01-14-08
Debbie Cook


The Forest Estates Neighborhood in Silver Spring, Maryland 20902 is bordered by Georgia Avenue to the west, Dennis Avenue to the north, Sanford Road to the south, and Sligo Creek Park to the east.

Forest Estates is an attractive quiet suburban community of single family homes built between the 1940's through the mid 1960's. The community is walking distance to the Forest Glen METRO. Forest Estates is located just outside the beltway but close to the hustle, bustle, nightlife, shopping and ammenites of Downtown Silver Spring and Washington, DC. There is an abundance of Parkland in and around Forest Estates. There are 446 Single Family homes in this subdivision. Market report is YTD for 2007.



5 Active For Sale Listings

Average Listing Price - $443,760
Lowest List Price - $389,000

18 Sold Listings
Average Asking Price - $459,903
Average Sold Price - $450,822
Average Days on the Market - 75
Highest Sold Price -$535,000
Lowest Sold Price - $390,000

2 Listings Expired from the Market
Average List Price for
Failed to sell Listings - $459,500
Average Days on Market - 198



If you are thinking about Selling Your Silver Spring House - Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Property. With our 21 years of Experience, Knowledge of the Market and our Enthusiasm for Silver Spring, we know how to get Silver Spring Homes Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.

Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home's Value

8 Reasons to List Your Silver Spring or Takoma Park Home during Winter

01-14-08
Debbie Cook


1. Serious Buyers- Yes, there are fewer buyers , but those buyers are usually very serious about making a purchase or, have to make a purchase.

2. Less Competition-Most sellers wait until spring or summer to list their home. This means that during the winter months your property will have far less competition verses any other time of the year.

3. January is the Biggest Transfer Month-Did you know that more corporate moves happen during January than any other time of the year? This may be a great reason to list your home during the winter.

4. Timing-By putting the home on the market during the Winter you may be able to more easily hit your moving goals and priorities. After all, if you need to relocate now, for personal, business or family reasons should you really wait to sell?

5. More Time to get Top Dollar-By starting to market your home early you may be able to secure a higher price. Less supply can yield a higher price for your home.

6. Great Time to Shop-If your home sells quickly, you will be able to shop for your next home during the winter, a great time to find a bargain.

7. More Advertising-Because most Realtors and offices have less inventory in the winter, your home will stand out with a comprehensive marketing program.

8. About 20% of the homes sold in a given year are sold between November and February-Buyers and Sellers are usually quite motivated to get the transaction completed. This can mean less price haggling and fewer hassles during the inspection period. There are quite a few benefits for moving forward now.

Thinking about Selling Your Silver Spring House or Condo?- Call on Debbie Cook
and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Property. With our 21 years of Experience and our Enthusiasm for Silver Spring, we know how to get Silver Spring Homes Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.

Click for an Over the Net Comparative Market Analysis (CMA)of your Silver Spring Home's Value