Silver Spring (Metro)
Silver Spring (Metro)

For Sale Near Silver Spring Metro Station

803 NEW YORK AVE
$729,900 | 5 Beds | 3 Baths
1216 DALE DR
$699,000 | 4 Beds | 3 Baths
8707 MILFORD AVE
$624,500 | 4 Beds | 2.5 Baths
8724 MILFORD AVE
$619,000 | 3 Beds | 2.5 Baths
7437 8TH ST NW
$600,000 | 3 Beds | 2.5 Baths
1908 ELKHART ST
$599,999 | 3 Beds | 2.5 Baths

Sold Listings

8907 GEORGIA AVE
$730,000 | 5 Beds | 3/2 Baths
1920 PLYMOUTH ST NW
$1,625,000 | 6 Beds | 5/2 Baths

Silver Spring Metro Real Estate

Homes for sale near Silver Spring Metro Station

Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 8/14/2018
M/M Y/Y
Homes for Sale 34 -41.2% -11.8%
Months Inventory 1.56 -39.1% -7.1%
Contracts Pending 35 +17.1% +20.0%
Solds: 90 Day 66 -13.6% -39.4%
Average List Price/Sold Price 100.30% +0.7% +1.0%
Active/Pending Ratio 0.97 -71.1% -40.2%
Average Price M/M Y/Y
Active $551,282 +4.4% +6.7%
Pending $465,056 -1.0% -16.1%
90 Day Sold $573,065 -9.5% -0.6%
Median Price
Active $492,450 +16.9% +28.1%
Pending $399,000 0.0% -38.3%
90 Day Sold $607,500 -2.9% +8.2%
Days on Market
Active 63.03 +21.7% +28.2%
Pending 33.57 +49.4% +9.6%
90 Day Sold 18.45 -12.5% -41.1%
M/M Y/Y
Homes for Sale 13 -53.8% 0.0%
Months Inventory 1.26 -44.4% +15.9%
Contracts Pending 12 +25.0% -25.0%
Solds: 90 Day 30 -40.0% -73.3%
Average List Price/Sold Price 100.57% +0.7% +1.2%
Active/Pending Ratio 1.08 -105.6% +19.4%
Average Price M/M Y/Y
Active $806,131 -0.7% -4.8%
Pending $715,596 +5.8% -5.7%
90 Day Sold $828,212 -0.7% +8.3%
Median Price
Active $775,000 -2.5% +2.2%
Pending $727,500 +12.7% -1.7%
90 Day Sold $805,750 -0.2% +12.5%
Days on Market
Active 75.31 +31.7% +69.4%
Pending 30.75 +38.6% +17.4%
90 Day Sold 14.87 -0.9% -46.3%
M/M Y/Y
Homes for Sale 4 +50.0% +50.0%
Months Inventory 1.78 +48.3% +56.7%
Contracts Pending 3 -133.3% +33.3%
Solds: 90 Day 9 +33.3% -11.1%
Average List Price/Sold Price 100.36% +1.7% -0.5%
Active/Pending Ratio 1.33 +78.2% +24.8%
Average Price M/M Y/Y
Active $787,998 +13.0% +1.0%
Pending $562,333 -13.4% +24.7%
90 Day Sold $585,778 -10.1% +24.1%
Median Price
Active $765,000 +10.4% -2.0%
Pending $675,000 0.0% +37.3%
90 Day Sold $640,000 +1.2% +38.2%
Days on Market
Active 55.50 -21.6% +65.8%
Pending 21.00 +67.3% +69.0%
90 Day Sold 15.22 -109.1% -57.0%
M/M Y/Y
Homes for Sale 17 -52.9% -35.3%
Months Inventory 1.84 -58.7% -58.2%
Contracts Pending 20 +35.0% +45.0%
Solds: 90 Day 27 0.0% -11.1%
Average List Price/Sold Price 99.37% +0.3% +1.0%
Active/Pending Ratio 0.85 -135.3% -145.9%
Average Price M/M Y/Y
Active $300,700 +1.7% -1.3%
Pending $300,140 +20.7% +11.6%
90 Day Sold $285,330 -6.3% -6.0%
Median Price
Active $299,900 +7.0% 0.0%
Pending $289,000 +22.3% +4.9%
90 Day Sold $286,500 -4.4% -7.0%
Days on Market
Active 55.41 +16.4% -8.4%
Pending 37.15 +43.3% -11.6%
90 Day Sold 23.52 -15.7% -45.3%

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Silver Spring (Metro) homes listed for sale. Lower inventory favors sellers in negotiations.

How Many Months of Inventory?

Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Silver Spring (Metro) divided by the number of homes sold in one month. Higher inventory favors buyers.

More Actives or More Pendings?

Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Silver Spring (Metro) listed for sale versus those under contract. The lower the number, the hotter the market.

Are Sellers Negotiating?

Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Silver Spring (Metro) versus their list price.

What is Average?

Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Silver Spring (Metro)

How Fast Are They Selling?

Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Silver Spring (Metro) homes that sold in the past 90 days.

Neighborhoods Near Silver Spring Metro Station

Wheaton (Metro)
22 Homes for Sale
Today's Median Price $425,000
Petworth
77 Homes for Sale
Today's Median Price $650,000

Metro Stations Near Silver Spring

Forest Glen (metro)
12 Homes for Sale
Today's Median Price $538,450
Wheaton (Metro)
22 Homes for Sale
Today's Median Price $425,000
Glenmont (Metro)
13 Homes for Sale
Today's Median Price $367,000