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Silver Spring, MD Real Estate News

By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Silver Sping, Md. 20906 - Montgomery Chase Aug 2009 - Market Report This is a market report for the Montgomery Chase community of Silver Spring, Md. 20906.  At the time of this report (9/20/2009) there are five townhouses in this subdivision on the market for sale.  The list price of these homes range from the least expensive at $175,000 for a two-bedroom one full bath one half bath townhouse to $299,000 for a three-bedroom two full bath one half bath townhouse.  The average list price being $224,484.  The days on market with the current realtor range from less than a week (4 days) to just over five months (165 days), with the average being a little over two months (67 days). Currently there are four townhouses under contract in this community.  The last know list prices where $164,900 ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Silver Spring Md. 20906 - Townhouse - Market Report - Sept 2009 This market report is to cover Townhouse FOR SALE in the Silver Spring Md. 20906 zip code, except for those in the senior citizen community of Leisure World.  If information on detached homes is desired, that can be found in a separate post.  At the time of this report (9/16/09) there are 40 units available for sale in the area cover by this report.  While there are two-bedroom homes on the market for sale, the least expensive is a three-bedroom two full bath home on the market for $179,000. There are four-bedroom homes on the market for sale in the area, but the most expensive is a three-bedroom three full bath with a fireplace currently listed for $425,000. There are another 54 homes that are under contact at the time of ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Silver Spring Md. - Rental Market report - Sept 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 (9/14/09) there are 41 units available for rent in the area cover by this report.  Since Aug 1st  there has been a total of 21 leases signed to rent homes in the report area, with the average time on market being just over two months (47 days).  Some of the homes are condo, townhouses, and couple of detached home too. One Bedroom Currently there is only one one-bedroom unit on the market for rent.  This condo is listed for $1000/month and has been on the market for less than two weeks (11 d...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Silver Spring Metro station market report. There are 80 homes on the market FOR SALE or Rental within 1 mile of the downtown Silver Spring Metro Station at the time of this report (9/13/2009). The least expensive Rental is a studio apartment including utilities listed at $975/month.  The most expensive RENTAL is a four-bedroom three full bath detached home with two fireplaces and a garage listed for $3,100/month.     The least expensive on the market FOR SALE is also a studio apartment listed for $90,000.  While there is a eight-bedroom home on the market ,  the most expensive home FOR SALE is a  five-bedroom three full bath detached home with two fireplaces listed for $929,000. If you or anyone you know would be interested in one of these homes, or looking for more detail on this set o...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Wheaton Metro station neighborhood market report There are 96 homes on the market FOR SALE or RENT within 1 mile of the Wheaton Metro Station at the time of this report (9/10/2009). The least expensive Rental is a two-bedroom detached listed at $1250/month.  While there is a four-bedroom home on the market, the most expensive RENTAL is a three-bedroom three full bath townhouse within walking distance of the subway station listed for $2,700.   The least expensive FOR SALE is a one-bedroom one bath garden apartment listed for $139,900. The most expensive home FOR SALE is a  five-bedroom five full bath detached home with two fireplaces listed for $849,000. 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 con...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Glenmont Metro Station neighborhood market report There are 50 homes on the market FOR SALE or FOR RENT within 1 mile of the Glenmont Metro Station at the time of this report (9/10/2009). The least expensive is a two-bedroom detached listed at $1250/month.  While there is a five-bedroom home on the market, the most expensive RENTAL is a four-bedroom three full bath home listed for $2,500.   The least expensive FOR SALE is a two-bedroom one bath garden apartment listed for $150,000.  While there is a seven-bedroom home on the market, the most expensive home FOR SALE is a five-bedroom three full bath home on a .232 acre lot listed for $729,000. 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 m...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Forrest Glen Metro Station neighborhood market report There are 81 homes on the market FOR SALE or FOR RENT within 1 mile of the Forrest Glen Metro Station at the time of this report (9/9/2009). The least expensive is a studio apartment including utilities listed at $975/month.  The most expensive RENTAL is a five-bedroom two full bath bungalow on a .21 acre lot listed for $3,600.    The least expensive for sale is a studio apartment list for $90,000. While there are four and even five bedroom homes on the market, the most expensive home FOR SALE is a three-bedroom one full bath home on a .489 acre lot listed for $1,900,000. 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.  Time is runnin...
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SILVER SPRING, MARYLAND CONDOS FOR PURCHASE - MONTGOMERY COUNTY There are 336 active listings of condominiums for sale in the area. This means that there is a very good selection of properties for first time home buyers and investors. Click the following URL to see the listings and sort by column headings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-88647705-584 Prospective purchasers should be aware of the new FHA underwriting guidelines that impact the available mortgage financing for condominium communities. The Federal Housing Administration (FHA) is implementing a new approval process for Condominium Projects to insure mortgages on individual units. Use this link to access Mortgagee Letter 2009-19:   http://www.hud.gov/offices/adm/hudclips/letters/mort...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Silver Spring Md. 20906 - Detached Home - Market Report - Aug 2009 This market report covers the single family Detached and Semi-Detached homes in the 20906 zip code of Silver Spring Md., excluding the senior citizens community of Leisure World for which there is a separate posting.  At this time (9/6/09) there are 78 homes on the market in the 20906 zip code of Silver Springs Maryland. While there are three bedroom homes on the market, the least expensive is a four bedroom three bath home with a basement; on the market for $124,344.  The most expensive is a five bedroom four full bath two half bath home also with a basement and on two acres of land.  This home is on the market for $1,049,900. There are currently 102 detached or semi-detached home under some form of contract in the zip ...
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SILVER SPRING SHORT SALE LISTINGS - MONTGOMERY COUNTY MD There are 175 active short sale listings in Silver Spring, Maryland. Click the following URL to see the report. Sort by column headings. http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-88034205-593 Why would you want to know about short sales when you are not looking to purchase another home?  These listings have a great impact on the current market. The low prices compete with regular listings and prospective home buyers are attracted to bargain prices. When you are searching for available homes, be sure to use Homes Prospector at www.roykelley.com for the most current information on available properties. This is a service of MRIS, our regional multiple  listing service. As you search for homes on line,...
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SILVER SPRING MD LENDER OWNED FORECLOSURES   There are 38 lender owned foreclosures (REO) available for purchase in Silver Spring MD.    Click the following URL to see the report.  Click on the listing number for full details on each property. Sort by headers. http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-87925737-905 When you are searching for homes in Maryland, you will want to use Homes Prospector at www.roykelley.com  This is a service of MRIS, the regional multiple listing service, and you will find the most accurate up to date information on properties that are available for purchase. Foreclosures will be included in the results of your searches. Most of the homes that are sold at trustee sale auctions at the court house entrance are purchased by the s...
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By Gary Ditto
(Long & Foster Realtors)
Gary H. Ditto | Long & Foster Real Estate, Inc. | 301-215-6834 9902 Capitol View Avenue, Silver Spring, MD 2BR, 2BA Capitol View Park - Great Expansion Potential 2BR/2.5BA Single Family House offered at $300,000 Year Built 1944 Sq Footage 1,123 Bedrooms 2 Bathrooms 2 full, 1 partial Floors 2 Parking Unspecified Lot Size 7,386 sqft HOA/Maint $0 per month DESCRIPTION Welcome to this two bedroom two bath home in the Capitol View Park neighborhood. This home has a very creative floor plan and has great expansion potential. A great starter home, this house is a great value for the neighborhood; put your imagination to work! In addition, this home features hardwood floors, recently updated kitchen, lots of storage, and a large private yard with mature plants and trees. Centrally located, thi...
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By Gary Ditto
(Long & Foster Realtors)
Gary H. Ditto | Long & Foster Real Estate, Inc. | 301-215-6834 10046 Pratt Place, Silver Spring, MD Adorable bungalow close to metro and MARC train 3BR/2BA Single Family House offered at $389,000 Year Built 1985 Sq Footage 1,088 Bedrooms 3 Bathrooms 2 full, 0 partial Floors Unspecified Parking Unspecified Lot Size 7,304 sqft HOA/Maint $0 per month DESCRIPTION Welcome to this wonderfully maintained three bedroom, two bath home located in Capitol View Park. Enjoy the cathedral ceiling in the large living room with fireplace and adjacent dining room. Spiral stairs lead to the upper level bedroom/loft area. The location is ideal as you are just minutes to downtown Washington and Bethesda, as well as being close to Rock Creek Park, the MARC train, the metro (Glenmont, Red Line), shopping an...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Silver Spring Md. 20906 - Condo - Market report - Aug 2009 This is a market report covering Condos for sale in the Silver Spring, Md. 20906 zip code, but does not including those in the senior citizen community of Leisure World of Maryland.  At the time of this report (8/20/09) there were a total of 23 condos on the market for sale.  While there are one-bedroom homes on the market at the time, the least expensive is a two bedroom two bath home in the Grand Bel sub-division on the market for $65,000.  While there are three-bedroom homes on the market, the most expensive is also a two-bedroom bath condo on the market for $249,900 in the Monterey community.  The average current list price for the homes is $137,290. While several are relatively new to the market ( less than two weeks) and t...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Silver Spring, Md. 20906 Townhouse Market Report - July 2009 This is a market report covering townhouses for sale in the Silver Spring, Md. 20906 zip code, but does not including those in the senior citizen community of Leisure World of Maryland.  At the time of this report (8/18/09) there were a total of 43 townhouses on the market for sale.  While ther are two bedroom and three bedroom one bath townhouses on the market, the least expensive at this time is a three bedroom two bath home in the Kimberly Place development  on the market for $140,000.  There are four and five bedroom townhouses on the market, the most expensive is a three bedroom three and a half bath townhouse on the market for $425,000 in the Longmead development.  The average current list price for the homes is $284,049...
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
 14004 BEECHVUE LN, SILVER SPRING, MD 20906 4 Bedroom  ,  2 1/2 Bath Colonial  , 2 Car Garage Now Listed as a Bank Owned for  $321,800   listing courtesy of Rosselle Realty Services  (301) 570-9300 I represent my buyers as their exclusive Agent ... if you are interested in one of the many opportunities in this unprededented buyer's market ... I would be glad to help.  rick.boothe@longandfoster.com  301-793-6796 *This information is deemed reliable but not guaranteed.
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Silver Spring, Md. 20906 - Detached Homes - Market Report - Aug 2009 This market report details the sales activity of detached homes in the Silver Spring, Md. zip code of 20906.  Not included in this report are those homes in the senior citizens' community of Leisure World.  At this time (Aug 12, 2009) there are 80 detached homes on the market for sale.  The least expensive ($165,000) is a three bedroom one full bath home on a piece of ground just over a fifth on an acre.  The most expensive ($1,499,000) is a five bedroom, four full baths, two half baths home, with two fireplaces, and a three car garage.  This home is on just over two acres of ground.  The average list price for these 80 homes is $412,057 and they have been on the market for an average of just about three and a half mon...
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