Market report, updated

Market Report

Search in the subdivision of Pt Wheaton Out

Mcmahanhomes.com
Report prepared by Mcmahanhomes.com Real Broker, LLC

Market at a glance

Over the last 6 months, homes sold for 98.0% of list price in 66 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $550K Sold · $539K
$550K$520K$490K$460K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 1 sale in Nov. Last month: 0.

Where the market stands

All homes in this report, by status.

6homes
Active5 · 83%
Sold (6 mo)1 · 17%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

30.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$1.64M
Sold$539K

Average days on market

Active54 days
Sold66 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 5
Average list price $1,635,780
Avg. days on market 54 days
Avg. price per ft² $541 Based on 4 of 5 homes
Avg. living area 2,666 ft² Based on 4 of 5 homes
Avg. beds / baths 4.8 / 4.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$3M$2M$1M$0

Price vs. living area: 4 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 4 homes in this status.

15501 Wintergate Dr$1,388
14611 Layhill Rd$281
1110 Arcola Ave$265
15802 Radwick Ln$233

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
14611 Layhill RdSilver Spring, MD 20906 432,586$729,000$2816 days
15802 Radwick LnSilver Spring, MD 20906 763,847$899,900$23332 days
1110 Arcola AveSilver Spring, MD 20902 442,072$550,000$26546 days
15501 Wintergate DrSilver Spring, MD 20906 ———$3,000,000—93 days
15501 Wintergate DrSilver Spring, MD 20906 432,160$3,000,000$1,38893 days
Mcmahanhomes.com

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Mcmahanhomes.com Real Broker, LLC

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