Silver Spring (Metro)
Silver Spring (Metro)

For Sale Near Silver Spring Metro Station

9000 2ND AVE
$1,249,000 | 6 Beds | 5.5 Baths
1500 GRACE CHURCH RD
$1,230,000 | 5 Beds | 5.5 Baths
8142 W. BEACH DRIVE DR NW
$1,048,700 | 3 Beds | 2.5 Baths
1629 PRIMROSE RD NW
$875,000 | 3 Beds | 2.5 Baths
1305 HEMLOCK ST NW
$850,000 | 5 Beds | 2 Baths
8216 EASTERN AVE NW
$820,000 | 3 Beds | 3.5 Baths

Sold Listings

644 ELLSWORTH DR
$849,000 | 4 Beds | 3.5 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: 7/12/2020
M/M Y/Y
Homes for Sale 21 -9.5% -71.4%
Months Inventory 0.89 +2.2% -243.8%
Contracts Pending 20 +20.0% -10.0%
Solds: 90 Day 57 -14.0% +22.8%
Average List Price/Sold Price 100.22% +0.2% -0.0%
Active/Pending Ratio 1.05 -37.1% -56.2%
Average Price M/M Y/Y
Active $486,233 -8.6% -81.2%
Pending $542,112 +0.6% -51.5%
90 Day Sold $611,068 -6.8% -22.9%
Median Price
Active $319,900 -14.1% -161.8%
Pending $367,500 -42.8% -121.8%
90 Day Sold $650,000 -2.9% -9.8%
Days on Market
Active 37.86 -39.2% -40.9%
Pending 32.53 -10.0% +20.1%
90 Day Sold 19.95 +22.4% -30.2%
M/M Y/Y
Homes for Sale 7 -14.3% -314.3%
Months Inventory 0.55 -9.1% -470.9%
Contracts Pending 8 +12.5% -100.0%
Solds: 90 Day 36 -11.1% -11.1%
Average List Price/Sold Price 100.44% +0.3% +0.2%
Active/Pending Ratio 0.88 -29.5% -105.7%
Average Price M/M Y/Y
Active $977,527 +7.6% +4.2%
Pending $870,336 +14.0% -5.2%
90 Day Sold $805,428 -5.3% +4.1%
Median Price
Active $875,000 +2.0% 0.0%
Pending $850,000 +11.9% -3.8%
90 Day Sold $810,000 -4.3% +5.1%
Days on Market
Active 69.14 +11.1% +34.4%
Pending 17.91 -111.7% -39.6%
90 Day Sold 19.47 +33.6% -36.3%
M/M Y/Y
Homes for Sale 0 N/A N/A
Months Inventory 0.00 N/A N/A
Contracts Pending 3 -33.3% -100.0%
Solds: 90 Day 0 N/A N/A
Average List Price/Sold Price 0.00% N/A N/A
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $0 N/A N/A
Pending $759,800 +25.6% +27.2%
90 Day Sold $0 N/A N/A
Median Price
Active $0 N/A N/A
Pending $924,500 +40.5% +38.9%
90 Day Sold $0 N/A N/A
Days on Market
Active 0.00 N/A N/A
Pending 11.33 +17.0% -154.7%
90 Day Sold 0.00 N/A N/A
M/M Y/Y
Homes for Sale 14 0.0% N/A
Months Inventory 1.38 +2.2% N/A
Contracts Pending 9 +44.4% N/A
Solds: 90 Day 21 +9.5% N/A
Average List Price/Sold Price 99.13% -0.3% N/A
Active/Pending Ratio 1.56 -79.5% N/A
Average Price M/M Y/Y
Active $240,586 -15.2% N/A
Pending $305,250 +3.3% N/A
90 Day Sold $277,879 -4.9% N/A
Median Price
Active $232,450 -19.2% N/A
Pending $312,000 +8.0% N/A
90 Day Sold $285,000 +5.6% N/A
Days on Market
Active 22.21 -128.7% N/A
Pending 45.00 -3.6% N/A
90 Day Sold 20.76 -3.2% 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
46 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 $525,000
Wheaton (Metro)
1 Homes for Sale
Today's Median Price $309,950
Glenmont (Metro)
2 Homes for Sale
Today's Median Price $350,000