Things to do in Washington DC: Silver Spring MD zip code 20910 Real Estate Market Report-April 2018

Silver Spring MD zip code 20910 Real Estate Market Report-April 2018

                      Silver Spring MD zip code 20910 Real Estate Market Report-April 2018

 

 

Silver Spring MD zip code 20910 Real Estate Market Report-April 2018

  • Average sold price of a Silver Spring MD zip code 20910 House SOLD in April 2018 was $562,679. That is down $10.30% from April 2017 when the average sold price of a Silver Spring MD zip code 20910 when the average sold price of a Silver Spring MD zip code 20910 House SOLD was $627,286.
  • 31 Silver Spring MD zip code 20910 Houses SOLD in April 2018. That is down -13.89% from April 2017 when 36 Silver Spring MD zip code 20910 Houses were SOLD.
  • Average days of a Silver Spring MD zip code 20910 HOUSE on the market for sale that SOLD was 18 days in April 2018. That is only down -5.26% from April 2017 when it was 19 days.
  • Average selling price to original list price ratio was 98.6% compared to April 2017 when it was 100.9%.
    Attached average Sold price of a Silver Spring MD zip code 20910 House SOLD was $388,223 in April 2018. That is compared to April 2017 when the attached average sold price of a Silver Spring MD House in the zip code 20910.
    508 Wayne Ave Silver Spring MD 20910. This Fantastic 3 level home nestled in the Silver Spring neighborhood.  Spacious upgraded kitchen with breakfast area, remodeled bathrooms, hardwood floors, bedroom in main level, master suite in upper level with sitting area."Fabulous location", lower level has front outside entrance for possible home office, or separate apartment. Big driveway! Close to downtown Silver Spring and the Metro. Call or text me at 202-378-0283 to schedule a private showing of this house.

  Listing courtesy of Long and Foster Real Estate Inc.

 

 508 WAYNE AVE, SILVER SPRING, MD  20910

  • Detached average Sold price of a Silver Spring MD zip code 20910 House SOLD was $688,675. That is up 1.88% from April 2017 when the Detached average sold price of a Silver Spring MD zip code 20910 House SOLD was $675,959.
  • 24 out of the 31 Houses for sale in Silver Spring MD 20910 that were SOLD in April 2018 were purchased with a Conventional Loan.
  • 4 out of the 31 Houses for sale in Silver Spring MD 20910 zip code that were SOLD in April 2018 were purchased with CASH.
  • 3 out of the 31 Houses for sale in Silver Spring MD zip code 20910 that were SOLD in April 2018 were purchased with other kind of Financing.
  • 30 out of the 31 Houses for sale in Silver Spring MD zip code 20910 that were SOLD in April 2018 were on the market for sale 90 days or less.
  • 29 out of the 31 Houses for sale in Silver Spring MD zip code 20910 that were SOLD in April 2018 were on the market for sale 60 days or less.
  • 27 out of the 31 Houses for sale in Silver Spring MD zip code 20910 that were SOLD in April 2018 were on the market for sale 30 days or less.

    While reading this Silver Spring MD zip code 20910 Real Estate Market Report-April 2018 three things caught my attention
  • Kind of financing. 24 out of 31 Home buyers used a Conventional loan to buy a house in Silver Spring MD zip code 20910-That is almost close to 80%.  Not even 1 person used a FHA loan to buy a house. This article A Quick comparison of FHA Loan vs Conventional Loan is a good one. I even know a loan officer who can do a 100% Conventional Loan in Prince Georges County MD when you buy a house.
  • Average days on the market. 18 days is much quicker than the national average. Houses that are selling in 18 days in Silver Spring MD zip code 20910 can be attributed to the 3 P's-Price,Promotion and Presentation.
  • Average Detached price of a Silver Spring MD zip code 20910 was up to $688,675.  Home owners who are selling their house now are going to make on average around $13,000 more now than they would've if they sold their house last year. When your Local Real Estate Market speaks (Stats),you should definitely take action (Sell)

Also read these other Silver Spring MD Real Estate Blogs

Silver Spring MD zip code 20910 Real Estate Market Report-March 2018

Silver Spring MD Condos and Houses for sale under $300,000

 

And click on this link to search Silver Spring MD New Home Sales Construction

 

And if you know anyone who is looking to buy and/or sell a house in either Silver Spring MD,Montgomery County MD and it's surrounding areas including Washington DC,I would love to be your Exclusive Real Estate Professional. You can call or text me at 202-378-0283. Or send me an email to DChomesforsale@gmail.com.

 

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