Silver Spring Real Estate Market
The median sale price for homes in Silver Spring over the last 12 months is $345,000.
The median mortgage debt is $196,781.
The price per square foot for listings in this area is $263.
The median sale price in December for single family homes is $341,000. The sale prices increased by 4.92% from the previous month.
The number of active listings in Silver Spring increased by 6.9% from the previous month.
The median number of days active properties have been listed is 43. This is significantly shorter than the national average.
The number of sales in December dropped by 78.9% from the previous month.
The percent of unoccupied properties is very low in Silver Spring. It is -10.01% below the national average.
The percent of owner occupied properties in Silver Spring is 19.54% below the national average.
The percent of rental properties in Silver Spring is 32.35% above the national average which is typical for urban areas.
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