Silver Spring

Map Silver Spring MDThe town of Silver Spring is located inside the Beltway just outside of Washington D.C. However, the area that includes zip codes called ‘Silver Spring’ is huge covering the east side of Montgomery County adjacent to Prince Georges County.  The part of Silver Spring summarized here includes zip codes 20901, 20902, 20903 and 20910 along the Beltway.  See the northern areas of Silver Spring at Aspen Hill and Burtonsville.

Public school assignments for this area include Northeast Consortium, Downcounty Consortium and Bethesda-Chevy Chase H.S. Always verify a home’s school assignment at MCPS.

Silver Spring Home Prices

What can you buy in this area of Silver Spring? Here’s a quick summary of available inventory by price range and type of home. Scroll down to see a list of all homes available in this area.

Homes for Sale in Silver Spring

Showing properties 1 - 10 of 387. See more Available Homes for Sale in Silver Spring.
(all data current as of 2/4/2012)

  1. 3 beds, 2 full baths
    Lot size: 6,266 sq ft
    Year built: 1947
    Days on market: 0
  2. 2 beds, 2 full baths
    Home size: 1,212 sq ft
    Year built: 2006
    Parking spots: 1
    Days on market: 0
  3. 4 beds, 2 full baths
    Lot size: 6,720 sq ft
    Year built: 1947
    Days on market: 1
  4. 2 beds, 1 full bath
    Lot size: 8,147 sq ft
    Year built: 1943
    Days on market: 1
  5. 3 beds, 2 full baths
    Lot size: 7,040 sq ft
    Year built: 1952
    Days on market: 1
  6. 5 beds, 1 full, 1 part baths
    Lot size: 8,400 sq ft
    Year built: 1954
    Days on market: 1
  7. 4 beds, 3 full baths
    Lot size: 10,257 sq ft
    Year built: 1949
    Days on market: 1
  8. 3 beds, 2 full, 1 part baths
    Lot size: 1,560 sq ft
    Year built: 2002
    Parking spots: 2
    Days on market: 2
  9. 3 beds, 3 full baths
    Home size: 1,660 sq ft
    Year built: 2004
    Days on market: 2
  10. 4 beds, 2 full, 1 part baths
    Lot size: 8,172 sq ft
    Year built: 1953
    Days on market: 2

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Distress Sales in Silver Spring

Showing properties 1 - 10 of 158. See more Bank Properties and Short Sales in Silver Spring.
(all data current as of 2/4/2012)

  1. 5 beds, 1 full, 1 part baths
    Lot size: 8,400 sq ft
    Year built: 1954
    Days on market: 1
  2. 3 beds, 3 full baths
    Home size: 1,660 sq ft
    Year built: 2004
    Days on market: 2
  3. 3 beds, 1 full bath
    Lot size: 8,687 sq ft
    Year built: 1951
    Days on market: 2
  4. 2 beds, 2 full baths
    Home size: 1,275 sq ft
    Year built: 1965
    Days on market: 3
  5. 3 beds, 1 full bath
    Lot size: 4,200 sq ft
    Year built: 1950
    Days on market: 4
  6. 2 beds, 1 full bath
    Home size: 940 sq ft
    Year built: 1961
    Parking spots: 1
    Days on market: 5
  7. 2 beds, 2 full baths
    Lot size: 5,584 sq ft
    Year built: 1950
    Days on market: 8
  8. 1 bed, 1 full bath
    Home size: 892 sq ft
    Year built: 1965
    Days on market: 10
  9. 3 beds, 3 full baths
    Lot size: 16,629 sq ft
    Year built: 1955
    Parking spots: 1
    Days on market: 12
  10. 5 beds, 2 full baths
    Lot size: 6,480 sq ft
    Year built: 1951
    Days on market: 16

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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Silver Spring Contracts in 2010

The overall contract activity in the Silver Spring area is 36% higher than 2009 strongly indicating the real estate market here has stabilized.  Transaction volume is higher in all price ranges with most sales for homes priced under $600,000.

2010 06 Silver Spring Contracts

Contact us for information about the market in Silver Spring and see these stats for other areas in Montgomery County.

Posted by Bruce Lemieux | Leave A Comment

Silver Spring Pricing Trends

z Silver Spring MDOver 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: Read the rest of this entry »

Posted by Bruce Lemieux | Leave A Comment

Silver Spring Market Update

z-silver-spring-mdMore homes sell in this part of Montgomery County than any other area.  The relatively high inventory Read the rest of this entry »

Posted by Bruce Lemieux | Leave A Comment

Three-times the sales compared to last year? Isn’t this a slow market?

Entry-level housing in Montgomery County is heating-up.  Looking at the last four weeks, the number of contracts in many parts of Montgomery County is more than tripled compared to this time last year for homes priced under $300,000.  As inventory has climbed, foreclosures and distress sales have applied downward pressure on prices in this segment.

So is this a harbinger that we’re reaching the illusive “bottom” of the Read the rest of this entry »

Posted by Bruce Lemieux | Leave A Comment

Montgomery County foreclosure hotspots

With foreclosures and declining home prices, news on the real estate market isn’t good.  True, our local real estate market is under pressure; but Montgomery County is much healthier than markets in California, Las Vegas and Florida that we always hear about.  Foreclosures in our area are mostly concentrated in two areas: entry-level housing, and areas that experienced a lot of new construction in the early 2000s.

Right now, about 50% of all available homes in Montgomery County are priced under $400,000 in the zip codes of Read the rest of this entry »

Posted by Bruce Lemieux | Leave A Comment

The multiple listing data appearing on this website, or contained in reports produced therefrom, comes in part from Metropolitan Regional Information Systems ("MRIS"). The information provided is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All real estate listings include detailed information about them that includes the name of the listing brokers and therefore may reference real estate listing(s) held by a brokerage other than the broker and/or agent who owns this web site.

All listing data, including, but not limited to, square footage and lot size is believed to be accurate, but the listing agent, listing broker and respective Multiple Listing Services and their affiliates do not warrant or guarantee such accuracy. Therefore, all data should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data last updated 2/4/12 1:33 AM PST.

The listing information on this web site is from various brokers who participate in IDX.

Copyright 2012 MRIS. All rights reserved.

This IDX solution is (c) Diverse Solutions 2012.