Silver Spring (Metro)
Silver Spring (Metro)

For Sale Near Silver Spring Metro Station

1613 HIGHLAND DR
$1,295,000 | 9 Beds | 5.5 Baths
8177 BEACH DR NW
$1,295,000 | 5 Beds | 3 Baths
1799 VERBENA ST NW
$849,000 | 4 Beds | 3 Baths
700 THAYER AVE
$849,000 | 7 Beds | 3.5 Baths

Sold Listings

2020 PLYMOUTH ST NW
$1,500,000 | 5 Beds | 5.5 Baths
1653 NORTH PORTAL DR NW
$1,500,000 | 7 Beds | 5.5 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: 2/23/2018
M/M Y/Y
Homes for Sale 31 +16.1% +16.1%
Months Inventory 1.37 +14.6% +21.9%
Contracts Pending 31 +9.7% +25.8%
Solds: 90 Day 65 -7.7% +23.1%
Average List Price/Sold Price 99.28% 0.0% -0.3%
Active/Pending Ratio 1.00 +7.0% -13.0%
Average Price M/M Y/Y
Active $541,003 +29.7% +21.9%
Pending $535,474 -4.9% -1.3%
90 Day Sold $514,966 -10.9% +2.6%
Median Price
Active $454,000 +32.9% +35.0%
Pending $415,000 -21.6% -8.4%
90 Day Sold $503,000 -7.8% +5.1%
Days on Market
Active 39.84 -60.5% -15.8%
Pending 45.26 -7.7% +36.1%
90 Day Sold 29.03 +12.5% -46.7%
M/M Y/Y
Homes for Sale 10 +50.0% +10.0%
Months Inventory 0.85 +50.6% +10.6%
Contracts Pending 11 -18.2% -9.1%
Solds: 90 Day 31 -22.6% +19.4%
Average List Price/Sold Price 99.06% +0.1% -1.2%
Active/Pending Ratio 0.91 +58.2% +17.6%
Average Price M/M Y/Y
Active $849,090 +12.0% +14.0%
Pending $886,900 +3.0% +14.6%
90 Day Sold $742,661 -1.0% +10.5%
Median Price
Active $781,950 +4.2% +10.6%
Pending $845,000 +8.3% +15.7%
90 Day Sold $695,000 +1.6% +7.9%
Days on Market
Active 20.70 -135.7% -152.3%
Pending 32.64 -21.1% -21.8%
90 Day Sold 20.29 -19.2% -34.8%
M/M Y/Y
Homes for Sale 3 +66.7% N/A
Months Inventory 1.33 +66.9% N/A
Contracts Pending 3 +66.7% +66.7%
Solds: 90 Day 4 -100.0% -125.0%
Average List Price/Sold Price 100.59% +0.6% +3.0%
Active/Pending Ratio 1.00 0.0% N/A
Average Price M/M Y/Y
Active $924,967 +52.7% N/A
Pending $598,300 -12.8% +55.7%
90 Day Sold $603,250 +5.7% +24.7%
Median Price
Active $999,900 +56.2% N/A
Pending $675,000 0.0% +60.7%
90 Day Sold $627,500 +1.2% +26.7%
Days on Market
Active 18.33 +56.4% N/A
Pending 13.67 +41.5% +48.8%
90 Day Sold 10.25 -42.7% -487.5%
M/M Y/Y
Homes for Sale 18 -11.1% +5.6%
Months Inventory 2.12 -16.5% +15.6%
Contracts Pending 17 +17.6% +41.2%
Solds: 90 Day 30 +20.0% +46.7%
Average List Price/Sold Price 99.52% -0.5% +0.6%
Active/Pending Ratio 1.06 -34.9% -60.4%
Average Price M/M Y/Y
Active $305,850 +6.6% +15.3%
Pending $296,993 +7.0% -4.9%
90 Day Sold $267,910 -7.7% -2.1%
Median Price
Active $284,000 +4.0% +13.7%
Pending $293,089 +8.2% -12.5%
90 Day Sold $273,700 -9.4% -0.4%
Days on Market
Active 54.06 -30.5% +20.7%
Pending 59.00 -2.1% +69.3%
90 Day Sold 40.57 +23.8% -39.3%

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)
3 Homes for Sale
Today's Median Price $365,000
Petworth
45 Homes for Sale
Today's Median Price $635,000

Metro Stations Near Silver Spring

Forest Glen (metro)
1 Homes for Sale
Today's Median Price $493,750
Wheaton (Metro)
3 Homes for Sale
Today's Median Price $365,000
Glenmont (Metro)
7 Homes for Sale
Today's Median Price $319,000