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Silver Spring

Silver Spring Market Report

$452,355

AVERAGE PRICE OF 867 HOMES

$323,067

AVERAGE PRICE OF 60 DISTRESSED HOMES

$1,982,636

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$614,428

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$670,488

AVERAGE PRICE OF 18 HOMES WITH A POOL

$540,325

AVERAGE PRICE OF 44 REDUCED PRICE HOMES

Average Home

Average Price $452,355
Avg Bedrooms 3.01 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $159,540
2 bedrooms $250,743
3 bedrooms $437,661
4 bedrooms $523,575
5 bedrooms $583,805
Silver Spring Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 790 635 550 550 665
Average Price $448,089 $438,117 $434,405 $437,249 $445,987
Avg Price Change +2.28% +0.85% -0.65% -2.00% +0.16%
Median Price $424,642 $398,081 $388,477 $392,115 $404,459
Med Price Change +6.67% +2.47% -0.94% -3.15% -2.35%
Avg Bedrooms 2.99 beds 2.95 beds 2.98 beds 3.08 beds 3.14 beds
Avg Bathrooms 2.57 baths 2.55 baths 2.54 baths 2.57 baths 2.57 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albert Einstein 44 $591,738 32 days
James Hubert Blake 47 $773,104 145 days
John F. Kennedy 50 $442,750 136 days
Northwood 75 $513,356 44 days
Paint Branch 6 $571,283 345 days
Rockville 3 $273,196 296 days
Springbrook 51 $417,130 131 days
Total Homes Average Price Avg Days on Site
All Homes 867 $452,355 169 days
Distressed Homes 60 $323,067 196 days
Multi-Million Dollar Homes 11 $1,982,636 180 days
Newly Built Homes 33 $614,428 198 days
Homes with a Pool 18 $670,488 151 days
Reduced Price Homes 44 $540,325 165 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

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