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Archive for January, 2014

Takoma Park MD – A HOT! Real Estate Market in 2013

Founded in 1883, by Benjamin Franklin Gilbert, Takoma Park was developed as a “summer resort” area, as a healthful alternative to Washington, DC’s malarial swamps.  With a population of approximately 18,000 it rests along the upper northeast boundary of D.C.   Takoma Park in Montgomery County has it’s own city government, police department, library and is served by Montgomery County Schools

Takoma Park is a perfect “bedroom community” for professionals.  It is a 15 minute commute to the middle of Downtown D.C. by Metro from the
Takoma Station on the Red Line.

Takoma Park is a friendly “laid back”, independent, small town with liberal politics. The residents are politically active and have put in place a number of progressive measures such as the declaration of a nuclear-free zone
Low Sales Price 2013 - Takoma Park Rambler
Takoma Park is one the HOTTEST Pockets of Real Estate in the DC Metro Area!
In 2013 there were 159 sales of Single Family Detached homes in Takoma Park, Montgomery County, Maryland:

The Average LIST price for a single family home in Takoma Park in 2013 was $526,597
UP $68,722 from (2012) last year.

The Average SOLD price for a single family home in Takoma Park in 2013 was $531,386

UP $89,564 from 2012 and The Average Sold Price for a home is over the average asking price.

Highest Sales Price 2013 Takoma Park BungalowIn 2013 the Average Days on the Market for a single family home in Takoma Park, MD was 43

Selling 14 days faster than last year

LOWEST Sale Price –   $152,000 for a 3 Bedroom, 2 Bath, 2 Level  Brick Rambler – A “Short Sale” built in 1941.

HIGHEST Sale Price –  $1,282,000  for a 5 Bedroom, 3 & 1/2 Bath Arts and Crafts Bungalow inspired by the Pasadena Gamble House built in 2006 on a parklike double lot.

Search all
Homes for Sale Now in Takoma Park, Maryland, 20912

Posted by Debbie Cook | Discussion: No Comments »

Silver Spring Home Sales Prices – Annual Review 2013

Silver  Spring is a huge unincorporated area of Montgomery County, Maryland with 7 zip codes that use the name “Silver Spring” as a postal address.   Silver Spring spreads way out from the Washington, DC border at Downtown Silver Spring to the east touching Prince Georges County,  Md.,  to the north touching Howard County, Md and to the west/northwest  touching Bethesda,  Rockville,  Kensington and Rock Creek Park in DC and Maryland.

Each of the 7 zip code areas that make up Silver Spring, has it’s own unique characteristics, identity, flavor and housing types.  The zip codes in Silver Spring are:  20901 (4 Corners Area), 20902 (some times called Wheaton),  20903 ( Hillandale and Burnt Mills Areas), 20904 (sometimes called the White Oak or  Colesville  areas),  20905 (Ashton, Spencerville, Cloverly  or Greater Silver Spring areas),  20906 (Aspen Hill, Leisure World) and lastly 20910 (Inside Beltway, Downtown Silver Spring).

2013 Annual Property Sales in Silver Spring, Maryland (All 7 Zip Codes)
According to the Multiple Listing Service – MRIS (Metropolitan Regional Information System):

Highest Condo Sale in Silver Spring 2013

There were 507 Condos Sold in Silver Spring, Maryland in 2013
Lowest Sales Price for a Condo –  $40,000 for a 2 Bedroom, 2 Bath Condominium ( in need of total rehab) in the Bel Pre Condo Development, Silver Spring zip 20906.
Highest Sales Price for a Condo –  $820,000 for a 3 Bedroom, 3 Full Bath, 2 Level Condo in a Newly Restored Historic Arts and Crafts Style Building –  The National Park Seminary – Silver Spring zip 20910.

Search all Condos for Sale in Silver Spring, Maryland

Highest town house sold 2013 in Silver Spring MD
Town Homes

There were 440 Town Houses Sold in Silver Spring in 2013
Lowest Sales Price for a Town House –  $128,000 for a 2 Bedroom 2 Bath Town Home, a Short Sale built in 1984 in the Avonshire Townhome Development, 20904
Highest Sold Price for a Town House –  $675,000 for a 3 Bedroom 3 1/2 Bath Craftsman Style Townhouse with 2 car garage built in 2008 in Forest Glen Park – National Park Seminary Development,  Silver Spring zip 20910

Search all Town Homes for Sale in Silver Spring, Maryland

Highest Sold Single Family House Silver Spring 2013Single Family Homes

There werre 1544 Single Family Detatched Homes Sold in Silver Spring in 2013
Lowest Sales Price for a Single Family House –  $135,000 for a 2 Bedroom, 1 Bath, One Level Brick Ranch Style House built in 1951, a Short Sale House in the Weisman Subdivision, Silver Spring zip 20902
Highest Sales Price for a Single Family House –  $1,065,000 for a 4 Bedroom, 3 1/2 Bath. Turreted  Romantic Queen Anne Victorian Style New Home built in 2012, 3 Levels with 2 Car Garage in Woodside Park, Downtown Silver Spring, zip 20910

Search all Single Family Detached Homes for Sale in Silver Spring, Maryland

Posted by Debbie Cook | Discussion: No Comments »

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