Silver Spring (Metro)
Silver Spring (Metro)

For Sale Near Silver Spring Metro Station

8931 COLESVILLE RD
$1,250,000 | 5 Beds | 5/2 Baths
9000 2ND AVE
$1,224,000 | 6 Beds | 5.5 Baths
629 MISSISSIPPI AVE
$1,150,000 | 4 Beds | 4.5 Baths
1412 HIGHLAND DR
$725,000 | 3 Beds | 2.5 Baths

Sold Listings

644 ELLSWORTH DR
$849,000 | 4 Beds | 3.5 Baths
2130 SUDBURY PL NW
$1,695,000 | 5 Beds | 4.5 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: 8/8/2020
M/M Y/Y
Homes for Sale 20 +10.0% -35.0%
Months Inventory 0.86 +11.6% -147.7%
Contracts Pending 24 +12.5% +41.7%
Solds: 90 Day 59 +3.4% +13.6%
Average List Price/Sold Price 100.40% -0.0% -0.0%
Active/Pending Ratio 0.83 -3.6% -132.5%
Average Price M/M Y/Y
Active $472,690 +5.2% -73.3%
Pending $525,939 -5.8% -66.8%
90 Day Sold $577,472 -6.6% -33.9%
Median Price
Active $332,000 +17.2% -116.6%
Pending $380,000 +2.6% -130.3%
90 Day Sold $600,000 -8.5% -21.0%
Days on Market
Active 22.00 -77.3% -244.0%
Pending 33.17 -8.8% -11.4%
90 Day Sold 24.10 +28.9% -16.0%
M/M Y/Y
Homes for Sale 4 -25.0% -375.0%
Months Inventory 0.33 -21.2% -466.7%
Contracts Pending 11 +9.1% -18.2%
Solds: 90 Day 32 -12.5% -34.4%
Average List Price/Sold Price 100.69% -0.0% 0.0%
Active/Pending Ratio 0.36 -38.9% -305.6%
Average Price M/M Y/Y
Active $1,087,250 +8.1% +15.2%
Pending $925,657 +7.7% +4.3%
90 Day Sold $797,338 -1.9% -2.0%
Median Price
Active $1,187,000 +24.6% +28.4%
Pending $874,500 +2.8% -0.1%
90 Day Sold $792,500 -3.1% -1.5%
Days on Market
Active 9.25 -857.8% -668.8%
Pending 31.86 +13.1% -16.8%
90 Day Sold 20.94 +28.2% -36.1%
M/M Y/Y
Homes for Sale 1 N/A -700.0%
Months Inventory 1.20 N/A -166.7%
Contracts Pending 2 -50.0% +50.0%
Solds: 90 Day 2 N/A -300.0%
Average List Price/Sold Price 99.30% N/A +0.6%
Active/Pending Ratio 0.50 N/A -1,500.0%
Average Price M/M Y/Y
Active $725,000 N/A +20.7%
Pending $624,750 -21.6% -26.1%
90 Day Sold $945,750 N/A +40.8%
Median Price
Active $725,000 N/A +28.5%
Pending $624,750 -48.0% -26.1%
90 Day Sold $945,750 N/A +42.4%
Days on Market
Active 3.00 N/A -2,783.3%
Pending 11.00 -3.0% -213.6%
90 Day Sold 6.50 N/A -286.6%
M/M Y/Y
Homes for Sale 15 +13.3% N/A
Months Inventory 1.48 +14.2% N/A
Contracts Pending 11 +27.3% N/A
Solds: 90 Day 25 +16.0% N/A
Average List Price/Sold Price 99.60% +0.5% N/A
Active/Pending Ratio 1.36 -19.9% N/A
Average Price M/M Y/Y
Active $291,986 +19.1% N/A
Pending $294,192 +0.3% N/A
90 Day Sold $266,583 -4.2% N/A
Median Price
Active $291,000 +26.1% N/A
Pending $299,900 -1.7% N/A
90 Day Sold $269,000 -5.9% N/A
Days on Market
Active 26.67 +25.3% N/A
Pending 35.68 -31.4% N/A
90 Day Sold 29.56 +29.8% N/A

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)
1 Homes for Sale
Today's Median Price $309,950
Petworth
40 Homes for Sale
Today's Median Price $599,999

Metro Stations Near Silver Spring

Forest Glen (metro)
5 Homes for Sale
Today's Median Price $537,000
Wheaton (Metro)
1 Homes for Sale
Today's Median Price $309,950
Glenmont (Metro)
4 Homes for Sale
Today's Median Price $375,000