Silver Spring Pricing Trends
August 9th, 2009 Categories: Silver Spring
Over the last six months, contracts in Silver Spring are up over 54% compared to last year. With a ton of distress sales, contracts for homes priced $300,000 or less was nearly 200% of 2008′s activity. Over 90% of the sales this year have been for homes listed $500,000 or less. Here’s a breakdown of contract activity by price range:
See the overall Montgomery County market update and the Silver Spring area’s inventory by price range from June’s market update.
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