Bob Force (REALTOR®) Gaithersburg, Md.

Rockville Md. Metro station neighborhood market report - Oct 27,2009

There are 75 homes on the market FOR SALE or RENT within 1 mile of the Rockville METRO Station at the time of this report (10/27/2009).

The least expensive Rental is a studio apartment listed at $1,090/month, within walking distance of the Metro Station. The most expensive RENTAL is a five-bedroom four full bath detached home with fireplace listed for $3,650/month.

The least expensive on the market FOR SALE is a one-bedroom one full bath listed for $138,781. The most expensive home FOR SALE is a five-bedroom five full bath one half bath four level new construction detached home, with a two car garage, and two fireplace all within walking distance to the Metro Station listed for $1,899,000.

If you or anyone you know would be interested in one of these homes, or looking for more detail on this set of homes, please get in contact with me. You can also find information on homes near other METRO Station on my blog.

Silver Spring Md. 20906 - Rental Market report - October 2009

This market report is to cover RENTALS in the Silver Spring Md. 20906 zip code, except for those in the senior citizen community of Leisure World. A report on conditions in Leisure World can be found in a separate post. At the time of this report (10/28/09) there are 30 units available for rent in the area cover by this report. Since September 27, 2009 there have been a total of 19 leases signed to rent homes in the report area, with the average time on market being nearly two months (51 days). Some of the homes are condo, townhouses, and couple of detached home too.

One Bedroom

Currently there is no one one-bedroom unit on the market for rent. At this time there are no applications being considered by landlords to rent one-bedroom units in the report area. Since September 27, 2009 no one-bedroom unit has had a lease signed on it.

Two bedroom

Currently there are six two-bedroom units on the market for rent. The least expensive unit is for $1255/month while the most expensive is $1500/month, with the average being $1376/month. While the most recent rental has been on the market for less than one week (1 day) the longest has been on the market for nearly five months (143 days), with the average being nearly three months (84 days).

At this time there are no applications being considered by landlords to rent two-bedroom units in the report area.

Since September 27, 2009 five two-bedroom units have had leases signed in the report area. The homes were rented from $1000 to $1500 / month, with the average being $1,294. The days on market ranged from two weeks (14 days) to three months (95 days), with the average being over one month (46 days).

Three Bedroom

Currently there are 18 three-bedroom units on the market for rent. The least expensive unit is for $1375/month while the most expensive is $2300/month, with the average being $1726/month. While the most recent one has been on the market for less than a week (1 day) the longest has been on the market for just over five months (164 days), with the average being nearly two months (55 days).

At this time there are applications on three units being considered by landlords to rent three-bedroom units in the report area. The least expensive of these home was listed for $1400, the most expensive being $1975/month, with the average being $1725/month. The days on market ranged from less than two weeks (10 days) to just nearly two months (58 days), with the average being one month (30 days).

Since September 27, 2009, eight three-bedroom units have has leases signed in the report area. The least expensive of these home was rented for $1500, the most expensive being $2250/month, with the average being $1747/month. The days on market ranged from three weeks (21 days) to just over three months (91 days), with the average being over one month (47 days).

Four Bedrooms

Currently there are five four-bedroom units on the market for rent. The least expensive unit is for $1800/month while the most expensive is $2195/month, with the average being $1949/month. While the most recent one has been on the market for less than a week ( 1 day) the longest has been on the market for a little over six months (199 days), with the average being nearly three months (94 days).

At this time there are no four-bedroom rental in the area of this report for which an application has been accept and the lease not signed.

Since September 27, 2009, four four-bedroom units have has leases signed in the report area. The least expensive of these home was rented for $1875, the most expensive being $2400/month, with the average being $2193/month. The days on market ranged from nearly one month (39 days) to approaching four months (105 days), with the average being nearly two months (66 days).

Five Bedrooms

Currently there are no five-bedroom units on the market for rent. At this time there are no applications being considered by landlords to rent five-bedroom units in the report area.

There is one five-bedroom home in the area that the landlord has accepted an application to rent but not yet signed the lease. This home was listed for rent at $1600/month and was on the market for nearly two months (57 days).

Since September 27, 2009, two five-bedroom units have has leases signed in the report area.. The least expensive of these home was rented for $2750, the most expensive being $3050/month, with the average being $2900/month. The days on market were very similar 45 days and 47 days.

Six Bedrooms

Currently there is one six-bedroom detached home on the market for rent in the area covered by this report. This home is located on approximately a fifth of an acre (.19 ac), has a two car garage, and fireplace. The home is listed for $2700/month and has been on the market for just over a month (32 days).

At this time there are no applications being considered by landlords to rent six-bedroom homes in the report area. Since September 27, 2009 no six-bedroom homes have had a lease signed on it.

If you or anyone you know would be interested in one of these homes, or looking for more detail on this set of homes, please get in contact with me.

Silver Spring Md. 20906 - Condo - Market Report - October 2009

This market report is to cover Condos FOR SALE in the Silver Spring Md. 20906 zip code, except for those in the senior citizen community of Leisure World. If information on Leisure World is desired, that can be found in a separate post. At the time of this report (10/26/09) there are 31 units available for sale in the area cover by this report. While there are one-bedroom homes on the market for sale, the least expensive is a two-bedroom one full bath home on the market for $59,000. The most expensive is a three-bedroom two full baths listed for $215,000.

There are another 20 homes that are under contact at the time of the report. Since September 26 there have been a total of only 3 completed sales of Condos in the report area.

One Bedroom

There are seven one-bedroom one full bath condo units on the market in this market at the time of this report. The least expensive is listed for $99,900, the most expensive is listed at $189,000, and the average is #132,881. The days on market (with the current Realtor) range from just over a month (35 days) to nearly eight months (237 days), with the average approaching four months (106 days).

These are currently two one-bedroom condos under contact in the report area. These two homes were last listed at $85,000 and $140,000. They were on the market for an average of nearly two months (53 days).

There has been a completed sale of just one one-bedroom condo in the market area of this report since September 26, 2009. That condo sold for $52,000 after being on the market for five months (155 days).

Two Bedroom

There are also seven two-bedroom one full bath condo units on the market in this market at the time of this report. The least expensive is listed for $59,900 and the most expensive is listed at $149,900, with the average being $113,100. The days on market (with their current Realtor) range from just about two weeks (19 days) to nearly 20 months (620 days), with the average approaching ten months (304 days).

These are currently two two-bedroom one full bath condos under contact in the report area. These two homes were last listed at $116,000 and $144,900. They were on the market with their current Realtor for approaching four months (102 days) and over 14 months (436 days) for an average of nearly nine months (269 days).

No two-bedroom one bath condo has gone to the closing table during the time frame of this report.

There are eight two-bedroom two full bath condo units on the market in this market at the time of this report. The least expensive is listed for $65,000 the most expensive is listed at $169,900, with the average being $114,688. The days on market for this set of homes with their current Realtors ranges from less than a week (4 days) to over six months (195 days), with the average nearly three months (83 days).

These are currently four two-bedroom two full bath condos under contact in the report area. These two homes were last listed at $50,000 and $200,000. They were on the market with their current Realtor from less than two weeks (12 days) to a month and a half (45 days), with the average being three weeks (24 days).

There has been a completed sale of just one two-bedroom two bath condo in the market area of this report since September 26, 2009. That condo sold for $100,000 after being on the market for nearly three months (79 days).

Three bedroom

There is just one three-bedroom one full bath condo on the market in this market. The home is listed for $85,000, and his been on the market with its current Realtor for a little over three months (95 days).

There is no three-bedroom one full bath condo in this market area under contract.

No thee-bedroom one bath condo has gone to the closing table during the time frame of this report.

There are eight three-bedroom two full bath condo units on the market in this market at the time of this report. The least expensive is listed for $79,900 the most expensive is listed at $215,900, with the average being $145,690. The days on market for this set of homes with their current Realtors ranges from just over a week (8 days) to nearly eight months (230 days), with the average nearly three months (95 days).

There are currently 12 three-bedroom two full bath condo units under contact in the market area of this report. The last known list price of these homes ranged from $71,900 to $219,000, with the average being $132,958. The days on market with current Realtor ranged from less than a week (6 days) to close to one year (351 days), with the average being three months (93 days).

There has been a completed sale of just one three-bedroom two bath condo in the market area of this report since September 26, 2009. That condo sold for $98,500 after being on the market for just two months (61 days).

Shady Grove Metro station neighborhood market report

There are 35 homes on the market FOR SALE or RENT within 1 mile of the Shady Grove Metro Station at the time of this report (10/26/2009).

The least expensive Rental is a two-bedroom garden apartment listed at $1495/month, within walking distance of the Metro Station. The most expensive RENTAL is a five-bedroom three full bath detached home with fireplace and a two car garage listed for $2,900.

The least expensive on the market FOR SALE is a three-bedroom three full bath end unit townhouse listed for $264,900. While there are five bedroom homes on the market in the area, the most expensive home FOR SALE is a four-bedroom three full bath one half bath detached home, with a two car garage, a fireplace all within walking distance to the Metro Station listed for $799,000.

If you or anyone you know would be interested in one of these homes, or looking for more detail on this set of homes, please get in contact with me. You can also find information on homes near other METRO Station on my blog.

Leisure World of Maryland - Patio Home Sales - Market report - Oct 24 2009

At this time (10/24/09) there are 28 patio homes on the market for sale in the senior citizens community of Leisure World in Silver Spring Maryland 20906. The least expensive is a one bedroom one bath home; on the market for $107,900. While there is a four-bedroom home on the market, the most expensive is a three bedroom two baths semi-detached home listed for $359,000. The average price for this set of homes is $240,968. The average time on market with the current Realtor is over five months (164 days).

The only one-bedroom piggy-back home on the market for sale in Leisure World is currently listed for $107,900, and has been on the market with the current Realtor for a little over a month (40 days).

There is no one-bedroom homes under contract at the time of this report, nor has one been sold during the period for which this report is been written for.

At the time of this report there are five two-bedroom one bath homes on the market for sale range in list price from $175,000 to $202,213, with the average being $193,603. Days on market with their current Realtor range from three weeks (21 days) to one year (415 days), with the average being just about five months (156 days).

There are no two-bedroom one bath patio homes under any form of contract at this time, nor has one been sold during the period for which this report is being written.

There are seven two-bedroom two bath semi-detached homes on the market for sale too. The current list prices of these homes range from low of $169,999 to high of $359,000, with the average being $239,428. The days on market with their current Realtors for these homes range from a low of less than two weeks (13 days) to a high of over a year (386 days), with the average being very close to five months (143 days).

There are no two-bedroom two bath patio homes under contract either at this time.

Since September 1^st three two-bedroom two bath patio homes have gone to closing. The closing prices of these homes ranged from $199,000 to $320,000, with the average being $246,633. These homes were on the market for sale from approaching two months (58 days) to over four months (126 days), with the average being nearly three months (85 days).

There are at this time 14 three-bedroom two bath semi-detached homes on the market for sale in Leisure World. These homes range in price from a low of $175,000 to a high of $329,700, with the average being $266,450. While one has been on the market with their current Realtors for just three weeks (22 days) to longest has been available for nearly 20 months (607 days). The average time on the market for these three-bedroom homes is over six months (183 days).

The only patio homes under contract in Leisure World of Maryland at the time of this report are four three-bedroom two full bath homes. The last known list price of these homes ranges from $167,500 to a high of $375,000, with the average being $264,375. The days on market with the current Realtor ranges from a little just over a week (9 days) to nearly eight months (239 days), with the average being nearly five months (143 days).

Only three three-bedroom two bath patio homes went to closing since September 1^st. These homes sold for $155,000 and $273,000. They were on the market with their last Realtor from as little as less than one month (26 days) to slightly over five months (155 days) for an average of approaching four months (104 days).

There is one four-bedroom two bath semi-detached home on the market in the Leisure World of Maryland community at the time of this report. The home is currently listed for $264,900, and has been on the market with the current Realtor for nearly seven months (206 days).

There is no four-bedroom semi-detached home under contract at this time, nor has one sold since September 1, 2009.

If I or my team can help with your real estate needs here in Leisure World of Maryland, please feel free to contact me by any of the following methods - my web page, email, or (301) 237-2277.