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Silver Spring

Silver Spring Market Report

$454,228

AVERAGE PRICE OF 902 HOMES

$312,659

AVERAGE PRICE OF 91 DISTRESSED HOMES

$2,240,363

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$607,572

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$491,560

AVERAGE PRICE OF 34 HOMES WITH A POOL

$459,833

AVERAGE PRICE OF 274 REDUCED PRICE HOMES

Average Home

Average Price $454,228
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.66 baths

Average Price by Bedrooms

1 bedroom $171,475
2 bedrooms $266,993
3 bedrooms $408,541
4 bedrooms $498,815
5 bedrooms $588,725
Silver Spring Home Price Trends
  6/2018 5/2018 4/2018 3/2018 2/2018
Total Listings 886 877 824 431 101
Average Price $459,014 $463,194 $454,082 $455,815 $522,766
Avg Price Change -0.91% +2.01% -0.38% -14.69% n/a
Median Price $428,387 $430,476 $420,000 $386,498 $380,000
Med Price Change -0.49% +2.49% +8.67% +1.71% n/a
Avg Bedrooms 3.25 beds 3.24 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.71 baths 2.74 baths 2.87 baths 2.83 baths 2.91 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
James Hubert Blake 6 $387,333 133 days
Northwood 9 $421,666 129 days
Paint Branch 5 $300,780 142 days
Rockville 5 $274,356 145 days
Springbrook 4 $520,000 137 days
Total Homes Average Price Avg Days on Market
All Homes 902 $454,228 52 days
Distressed Homes 91 $312,659 93 days
Multi-Million Dollar Homes 19 $2,240,363 85 days
Newly Built Homes 35 $607,572 89 days
Homes with a Pool 34 $491,560 82 days
Reduced Price Homes 274 $459,833 74 days

School Data

Highly Rated Silver Spring Schools

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

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