Market report, updated

Market Report

Search in the subdivision of Grand Bel

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

Market at a glance

Over the last 6 months, homes sold for 97.1% of list price in 72 days on average.

Average price, last 12 months

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

List · $190K Sold · $178K
$200K$180K$160K$140K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2 sales in Oct. Last month: 2.

Where the market stands

All homes in this report, by status.

12homes
Active6 · 50%
Under contract1 · 8%
Sold (6 mo)5 · 42%

Buyer's or seller's market?

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

7.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$185K
Under contract$145K
Sold$163K

Average days on market

Active77 days
Under contract47 days
Sold72 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 6
Average list price $184,583
Avg. days on market 77 days
Avg. price per ft² $182
Avg. living area 1,065 ft²
Avg. beds / baths 1.8 / 1.5

Price vs. living area

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

$300K$200K$100K$0

Price vs. living area: 6 homes plotted, up to $300K 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 6 homes in this status.

3960 Bel Pre Rd Unit 1$240
3974 Bel Pre Rd Unit 3974-6$215
3934 Bel Pre Rd Unit 3934-2$194
3970 Bel Pre Rd Unit 3970-7$191
3932 Bel Pre Rd Unit 3932-6$169
3914 Bel Pre Rd Unit 4$87

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
3932 Bel Pre Rd Unit 3932-6Silver Spring, MD 20906 11827$140,000$16910 days
3914 Bel Pre Rd Unit 4Silver Spring, MD 20906 111,654$144,000$8714 days
3934 Bel Pre Rd Unit 3934-2Silver Spring, MD 20906 22976$190,000$1947 days
3970 Bel Pre Rd Unit 3970-7Silver Spring, MD 20906 21942$180,000$19173 days
3960 Bel Pre Rd Unit 1Silver Spring, MD 20906 32976$234,500$240178 days
3974 Bel Pre Rd Unit 3974-6Silver Spring, MD 20906 221,016$219,000$215181 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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