Archive for July, 2008
Silver Spring Real Estate Market Trends – The Good, The Bad and The Ugly
July 16th, 2008 Categories: silver spring real estate
This weeks real estate market reports for homes in the 20910, 20901 and 20902
SILVER SPRING Real Estate Market (20910) |
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SILVER SPRING Real Estate Market (20901) |
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SILVER SPRING Real Estate Market (20902) |
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South Silver Spring – The Silverton Real Estate Market Report
July 14th, 2008 Categories: Home Sellers, Homebuyer, Silver Spring Condos, Silver Spring Neighborhoods, silver spring real estate
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
Last 6 months ( Jan – July 2008)
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.
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South Silver Spring – Newell Street Condos Market Report
July 11th, 2008 Categories: Home Sellers, Homebuyer, New Construction, Silver Spring Condos, Silver Spring Neighborhoods, silver spring real estate
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
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 – $320,00 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.
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National Anthem Like You’ve Never Heard it Before!
July 3rd, 2008 Categories: silver spring real estate
Have a Safe and Happy 4th of July!
| Discussion: 1 Comment »
