Market report, updated

Market Report

Search in the subdivision of Springbrook Manor

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

Market at a glance

Over the last 6 months, homes sold for 98.5% of list price in 45 days on average.

Average price, last 12 months

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

List · $650K Sold · $640K
$670K$660K$650K$640K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2 sales in Mar. Last month: 0.

Where the market stands

All homes in this report, by status.

3homes
Active1 · 33%
Under contract1 · 33%
Sold (6 mo)1 · 33%

Buyer's or seller's market?

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

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$630K
Under contract$615K
Sold$640K

Average days on market

Active71 days
Under contract23 days
Sold45 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 1
Average list price $629,999
Avg. days on market 71 days
Avg. price per ft² $272
Avg. living area 2,313 ft²
Avg. beds / baths 4.0 / 3.0

Price vs. living area

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

$900K$600K$300K$0

Price vs. living area: 1 home plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 1 home in this status.

1200 Kathryn Rd$272

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1200 Kathryn RdSilver Spring, MD 20904 432,313$629,999$27271 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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