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Silver Spring

Silver Spring Market Report

$448,243

AVERAGE PRICE OF 819 HOMES

$317,791

AVERAGE PRICE OF 87 DISTRESSED HOMES

$610,797

AVERAGE PRICE OF 53 NEWLY BUILT HOMES

$472,732

AVERAGE PRICE OF 24 HOMES WITH A POOL

$458,806

AVERAGE PRICE OF 305 REDUCED PRICE HOMES

$2,110,646

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

Average Home

Average Price $448,243
Avg Bedrooms 3.24 beds
Avg Bathrooms 2.63 baths

Average Price by Bedrooms

1 bedroom $163,129
2 bedrooms $260,211
3 bedrooms $423,178
4 bedrooms $493,525
5 bedrooms $555,913
Silver Spring Home Price Trends
  10/2018 9/2018 8/2018 7/2018 6/2018
Total Listings 854 798 825 879 886
Average Price $452,799 $455,135 $459,355 $452,670 $459,014
Avg Price Change -0.52% -0.93% +1.48% -1.40% -0.91%
Median Price $419,491 $417,115 $416,713 $417,736 $428,387
Med Price Change +0.57% +0.10% -0.25% -2.55% -0.49%
Avg Bedrooms 3.1 beds 3.23 beds 3.21 beds 3.18 beds 3.25 beds
Avg Bathrooms 2.61 baths 2.67 baths 2.68 baths 2.67 baths 2.71 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albert Einstein 9 $487,877 9 days
James Hubert Blake 70 $498,252 85 days
John F. Kennedy 68 $422,319 39 days
Montgomery Blair 7 $550,142 11 days
Northwood 119 $494,988 40 days
Rockville 78 $329,909 41 days
Springbrook 69 $460,216 70 days
Total Homes Average Price Avg Days on Site
All Homes 819 $448,243 47 days
Distressed Homes 87 $317,791 76 days
Newly Built Homes 53 $610,797 62 days
Homes with a Pool 24 $472,732 56 days
Reduced Price Homes 305 $458,806 57 days
Multi-Million Dollar Homes 13 $2,110,646 136 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

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
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