8045 Newell Street (by Patriot Group) is a five story, 120 unit condominium building. This building was completed and already Sold out in 2005. 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)
3 Active For Sale Listings
1) 2 Bedroom - 2 Bath 2nd floor unit (1,222 sq ft) Asking - $420,000
Days on Market - 47
2) 1 Bedroom - 1 Bath 2nd floor unit (817 sq ft) Asking - $309,900
Days on Market - 75
3) 1 Bedroom - 1 Bath 5th floor unit
(820 sq ft) - Asking $325,000
Days on Market - 92
1 Listing is Under Contract
2 Bedroom - 1 Bath - Asking $339,000 1st floor unit (883 sq ft)
Days on Market 170
3 Sold Listings
1) 2 Bedroom - 1 Bath - 2nd floor unit (883 sq ft) Days on Market - 140
List Price - $335,000
Sold Price - $330,000
2) 1 Bedroom - 1 Bath (no sq ft info) -
2nd floor unit Days on Market 32
List Price - $309,900 Sold Price - $299,900
3) 2 Bedroom - 2 Bath - 3rd Floor
(1,255 sq ft) Days on Market - 44
List Price - $439,900 Sold Price - $439,900 (9,000 seller subsidy)
8 Listings were Expired and or Withdrawn from the Market
All units except 1 were 1 Bedroom 1 Bath Units
Average List Price - $365,000
Average Days on Market - 147 Days
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Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home's Value
