With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four
Silver Spring Market Statistics November 2015 Through October 2016
Dated: November 26 2016
The charts below give you a good overview of the performance of the Silver Spring real estate market over the past 12 months, but you can click here for a complete Silver Spring market report.
The chart below shows the average sales price by property type.
The chart below shows the average number of days on the market for each type of home sold.
The chart below shows the number of closed sales for each property type.
The chart below shows the monthly number of closed detached home sales, new pending detached home sales, all pending detached home sales, new detached home listings and average number of detached homes listed.
Months of Supply is how long it would take for all of the homes listed for sale at one time to sell at the current rate of sales if no new homes were listed for sale.
Charles Chapman has more than 20 years' experience in the Montgomery County real estate market. He has been a full-time agent through rising markets and good times, and also through falling markets an....
Latest Blog Posts
Some Highlights The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both