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| Homes for Sale | Apr '12 | vs. Prev. Month | vs. Prev. Year |
| # Homes for Sale | 163 |
0.6%
|
35.6%
|
| Median List Price | $420K |
5.1%
|
20%
|
| Median List $/SqFt. | $296 |
0.3%
|
10.4%
|
| Homes Sold | Apr '12 | vs. Prev. Month | vs. Prev. Year |
| # Homes Sold | 67 |
24.1%
|
11.7%
|
| Median Sold Price | $380K |
3.4%
|
1.6%
|
| Median Sold $/SqFt. | $298 |
2.8%
|
1.7%
|
| % Sale to List | 97.7% |
0.1%
|
0.3%
|
See trends in days, not months
By the tenth of every month, Redfin publishes new charts and tables with the latest data on just-completed sales.
See how Redfin calculates metrics about listings & recently sold homes.
Should I Wait for a Price Reduction?
How should I use this?
Gray bars show homes that went off market with no price reductions.
Blue bars indicate one or more reductions.
Learn more about this data.
| Price Reductions |
House
|
Condo
|
Both
|
| Days on Redfin | 20 | 62 | 24 |
| % Homes with Reductions | 34.2% | 36.1% | 34.4% |
| # Of Reductions | 1 | 1 | 1 |
| Total % Reduction | 4.5% | 6.7% | 4.7% |
Based on homes sold or taken off the market between
Feb 25 and May 25.
Learn more about this data.
Cities Near Silver Spring
| Nearby City | Median List $ | $/Sq. Ft. | % Sale to List |
| Silver Spring | $430K | $307 | 98.6% |
| Forest Glen | $422K | $297 | 99.3% |
| Takoma Park | $344K | $258 | 97.9% |
| Langley Park | $120K | $92 | - |
| Kemp Mill | $399K | $266 | 97.3% |
| White Oak | $399K | $206 | 95.4% |
| Adelphi | $192K | $162 | 97.8% |
| Hillandale | $380K | $197 | - |
| Martin's Additions | $1,699K | $710 | - |
| South Kensington | $649K | $384 | 97.7% |
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