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Silver Spring

Silver Spring Market Report

$424,059

AVERAGE PRICE OF 452 HOMES

$333,183

AVERAGE PRICE OF 61 DISTRESSED HOMES

$1,342,855

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$601,609

AVERAGE PRICE OF 19 NEWLY BUILT HOMES

$654,725

AVERAGE PRICE OF 4 HOMES WITH A POOL

$436,217

AVERAGE PRICE OF 194 REDUCED PRICE HOMES

Average Home

Average Price $424,059
Avg Bedrooms 3 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $186,631
2 bedrooms $269,060
3 bedrooms $399,930
4 bedrooms $511,349
5 bedrooms $586,810
Silver Spring Home Price Trends
  11/2017 10/2017 9/2017 8/2017 7/2017
Total Listings 575 623 634 601 624
Average Price $432,504 $430,313 $427,267 $435,198 $439,403
Avg Price Change +0.51% +0.71% -1.86% -0.97% +0.68%
Median Price $408,181 $410,482 $413,148 $417,485 $423,650
Med Price Change -0.56% -0.65% -1.05% -1.48% +1.23%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.33 baths 2.32 baths 2.32 baths 2.35 baths 2.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
James Hubert Blake 42 $482,483 81 days
John F. Kennedy 48 $378,332 57 days
Northwood 74 $447,681 84 days
Paint Branch 39 $445,692 83 days
Rockville 47 $261,794 104 days
Total Homes Average Price Avg Days on Market
All Homes 452 $424,059 94 days
Distressed Homes 61 $333,183 184 days
Multi-Million Dollar Homes 7 $1,342,855 135 days
Newly Built Homes 19 $601,609 97 days
Homes with a Pool 4 $654,725 127 days
Reduced Price Homes 194 $436,217 139 days

School Data

Highly Rated Silver Spring Schools

8

CANDLEWOOD ELEMENTARY SCHOOL
Elementary School
Public

8

CLOVERLY ELEMENTARY SCHOOL
Elementary School
Public

8

ROCK CREEK FOREST ELEMENTARY SCHOOL
Elementary School
Public

8

SHERWOOD ELEMENTARY SCHOOL
Elementary School
Public

8

STONEGATE ELEMENTARY SCHOOL
Elementary School
Public

8

VANSVILLE ELEMENTARY SCHOOL
Elementary School
Public

8

WESTOVER ELEMENTARY SCHOOL
Elementary School
Public

8

WOODLIN ELEMENTARY SCHOOL
Elementary School
Public

8

EARLE B. WOOD MIDDLE SCHOOL
Middle School
Public

9

TAKOMA PARK MIDDLE SCHOOL
Middle School
Public

10

WESTLAND MIDDLE SCHOOL
Middle School
Public

9