Silverspringism

This weeks real estate market reports for homes in the 20910 zip code
Close-In (properties Inside the Beltway) and homes in 20901 (properties partly inside and outside the Beltway)

SILVER SPRING Real Estate Market (20910)
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SILVER SPRING Real Estate Market (20901)
Median Price Subscribe to my SILVER SPRING Market Intelligence report for weekly neighborhood trends.		Median Inventory Subscribe now to learn dozens of SILVER SPRING real estate trends and other important market measures!

Get detailed market reports for zip codes and neighborhood areas in Silver Spring and Takoma Park - As Always, There is no Obligation and It's FREE.!

The Silverton Condos (by JBG Group) on East West Highway was built around the vintage art deco facade of the former Canada Dry bottling plant and has 210 dwelling units. 
The units were finished in 2006 - 2007 

The Silverton has Beautifully Appointed Floor Plans, Glass Doors Leading to Private Balconies,
Chef-Caliber Kitchens with Maple Cabinets and Granite Countertops, Granite Vanities in Bathrooms and Full-Size Washers and Dryers in the units!

There is a High-Tech Resident E-Lounge, Swimming Pool, Expansive Sundeck and a Cutting-Edge Fitness Center.

The Building is within Walking Distance to Metro and has Easy Access to Washington, DC & I-495 Close to Excellent Shopping, Fine Dining & Entertainment.  

This market report encompasses All Sales Activity at the Silverton ( January 2008 - July 2008)  
All data is from the Metropolitan Regional Information System

3 Active (For Sale) Listings
1)  2 Bedroom 2 Bath - 3rd Floor Unit (1,307 sq ft)
     Asking Price - $499,900  Days on Market - 117
2)  2 Bedroom 2 Bath - 2nd Floor Corner Unit
     (1,084 sq ft) Asking Price - $395,000 
     Days on Market - 62
3)  1 Bedroom 1 Bath - 2nd Floor Unit (718 sq ft)
     Asking Price - $290,000 Days on Market - 232

1 Listing Under Contract
1)  1 Bedroom 1 Bath - 1st Floor Unit (792 sq ft)
     Asking Price - $290,000 Days on Market - 65

3 Sold Listings
1)  1 Bedroom 2 Bath Special Unit  (955 sq ft)
     Asking Price - $324,900 Sold Price - $324,900
     Days on Market - 25
2)  1 Bedroom 2 Bath Special Unit (955 sq ft)
     Asking Price  - $324,900 Sold price - $324,900
     Days on Market - 25
3)  1 Bedroom 1 Bath 2nd Floor Unit (776 sq ft)
     Asking Price - $295,000 Sold Price - $290,000
     Seller Subsidy $7,700 - Days on Market - 58


Thinking about Selling or Buying a South Silver Spring Condominium? - Contact  Debbie Cook (301) 587-3528 for your current, No Obligation Market Report on the Silver Spring Condominium Market.

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 Building offers a Fun, Funky, Hip and Laid Back Urban Lifestyle, in a Small Intimate "Pet Friendly" Building. Located by Historic Acorn Park in the South Silver Spring neighborhood, the Units have Open Floor Plans with High Ceilings, Washers and Dryers in the Units and either a balcony or sunroom.  

SAVE your GAS! and Walk everywhere from this building that has a very high Walkabilty Score.  Walking Distance to Silver Spring Metro/Red Line, Rock Creek Park hiking biking trails and all the ammenities of Downtown Silver Spring.

This market report is for the last 6 month period begining January 1, through July 6th 2008.  All units are resales reported in the Metropolitan Regional Information Service (MRIS)

4 Active For Sale Listings
1)  1 Bedroom 1 Bath  2nd Floor
     (820 sq ft)  Asking - $285,000 
     Days on Market - 57

2)  1 Bedroom - 1 Bath 5th Floor  
     (820 sq ft) Asking - $315,000 
     Days on Market - 267

3)  1 Bedroom - 1 Bath 2nd Floor  
     (900 sq ft) - Asking $347,500 
     Days on Market - 6

 1 Listing Under Contract
1)  2 Bedroom - 2 Bath 3rd Floor
     (1,255 Sq ft) - Asking $410,000
     Days on Market - 7

4 Sold Listings
1)  0 Bedroom 1 Bath Efficiency Unit
     2nd Floor Unit (569 sq ft)
     Asking Price - $108,746
     Sold Price  - $108,746
     Seller Subsidy -$3,469
     Days on Market - 5

2)  0 Bedroom 1 Bath
     Efficiency Unit (569 sq ft)
     4th Floor Unit 
     Asking Price - $109,658 
     Sold Price - $109,658 
     Seller Subsidy $3,498
     Days on Market - 3

3)  1 Bedroom - 1 Bath 
     5th Floor (820 sq ft)
     Asking Price - $285,000 
     Sold Price - $285,000
     Days on Market - 21

4)  1 Bedroom - 1 Bath and Den
     (935 sq ft) 3rd Floor Unit
     Asking - $320,000 Sold - $320,000
     Seller Subsidy - $10,000
     Days on Market - 85


Thinking about Selling or Buying a Silver Spring Condominium? - Contact  Debbie Cook (301) 587-3528 for your current, No Obligation Market Report on the Silver Spring Condominium Market.