Silver Spring Forest Estates Neighborhood Real Estate Market Report

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.
Colonial in Forest Estates - Silver Spring

Forest Estates is an attractive quiet suburban community of single family homes built between the 1940's through the mid 1960's.  Most homes are solidly built Post War brick cape cods and colonials.  The community is walking distance to the Forest Glen METRO station.  Forest Estates is located just outside the beltway (as in a matter of a few feet 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 the Forest Estates Neighborhood.  General Getty Park is a popular neighborhood park within the Forest Estates Neighborhood and all the ammenities of Wheaton Regional Park are nearby.

The Forest Estates Community Association is an active group that represents residents interests in  county planning and other political issues. The group has family-oriented social events for neighbors to meet and an email group for neighbors to keep up on the latest news, events, and announcements and learn about local services. Some of the events are:  A Community Picnic, National Night Out, Park Clean-Up and a Halloween Parade. Visit the Forest Estates Community Website


The Montgomery County public school system is well known as one of the best in the nation. The public schools serving the Forest Estates neighborhood in Silver Spring are: 

Oakland Terrace Elementary School 
Sligo Middle School 
Einstein High School

Also, at the high school level the Downcounty consortium is available giving students a choice regarding their academic area of study. The five high schools in the Downcounty cluster include Montgomery Blair, Northwood High, John F. Kennedy and Wheaton.


There are also some high quality Private schools convenient to the Forest Estates Neighborhood: 
St. John the Evangelist School
St. Andrew Apostle SchoolColonial in Forest Estates - Silver Spring
Calvary Lutheran School
Hebrew Day School of Montgomery County

Forest Estates Real Estate Silver Spring
There are 446 Single Family homes in the
Forest Estates subdivision.
Market Activity in Forest Estates 2008:

17 Sold Homes SOLD in 2008 

Average Asking Price - $415,735
Average Sold Price - $402,347

Average Days on the Market - 68

Highest Sold Price - $525,000
Lowest Sold Price - $290,000

10 Homes Sold in 2009

Average Asking Price - $393,320
Average Sold Price - $397,350

Average Days on Market - 25

Lowest Sale Price - $305,000
Highest Sale Price - $491,000


Homes Currently for Sale in Forest Estates, Silver Spring, Md 20902

Thinking of Buying or Selling Silver Spring Real Estate? or just want to know what's happening in the Market Right Now?  Get a FREE "Real Time" Market Snapshot

Want to live in Forest Estates or one of the surrounding communities?

Search all available Single Family Homes in Forest Estates, Carroll Knolls, Mckenny Hills and surrounding neighborhoods in zip code 20902

                          
    For help in navigating today's tough Real Estate Market.  Give Debbie Cook a Call (301) 587-3528
                                                       www.SilverSpringTeam.com

 

2 commentsDebbie Cook • February 19 2009 02:32PM

Silver Spring Real Estate in the Forest Estates Neighborhood

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.
Colonial in Forest Estates - Silver Spring
Forest Estates is an attractive quiet suburban community of single family homes built between the 1940's through the mid 1960's.  Most homes are solidly built Post War brick cape cods and colonials.  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 the Forest Estates subdivision, Silver Spring, Md 20902



Cape Cod Home in Forest EstatesSales Activity in 2008

23 Homes Sold

Average Listing Price - $407,450
Average Sold Price - $396,343

Lowest Sale Price - $290,000
Higest Sale Price - $525,000

Average Days on Market - 62



Buying or Selling in Silver Spring or Takoma Park
Keep up to with the market with my FREE
Silver Spring Market Snapshot



House in Forest Estates Silver SpringCurious about your Silver Spring Home's Value or what's happening in the Real Estate Market right NOW?

Get a computerized Market Analysis of your Silver Spring Home at:

                   www.SilverSpringCMA.com

Keep up to date on the prices, market changes and trends in your area of Silver Spring or Takoma Park with Debbie's "Real Time" Market Stats, Charts and Statistics for the different areas of Silver Spring at:

           Silver Spring - Takoma Market Trends

With Debbie's 21 years of Experience, Knowledge of the Market and Enthusiasm for Silver Spring, she knows how to help navigate today's tough Real Estate Market.  Give Debbie Cook a Call (301) 587-3528

                                       More Info and Forest Estates Real Estate Sales 2009

 

1 commentDebbie Cook • October 22 2008 01:33PM

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


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

 

0 commentsDebbie Cook • January 14 2008 05:50PM