Altos Market Data for Realtors

Silver Spring, MD

Single-Family Homes

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Silver Spring, MD

Thu Jan 20 2022
This week the median list price for Silver Spring, MD is $599,974 with the market action index hovering around 84. This is about the same as last month's market action index of 84. Inventory has decreased to 34. Click here to stay informed with the Silver Spring market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Silver Spring, MD

Thu Jan 20 2022
This week the median list price for Silver Spring, MD is $599,974 with the market action index hovering around 84. This is about the same as last month's market action index of 84. Inventory has decreased to 34. Click here to stay informed with the Silver Spring market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Silver Spring market.
Median List Price $599,974
Median Price of New Listings $599,950
Per Square Foot $267
Average Days on Market 53
Median Days on Market 39
Price Decreased 26%
Price Increased 6%
Relisted 6%
Inventory 34
Median Rent $2,775
Market Action 84
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$932,450 3,683 0.25 - 0.5 acre 5 3.5 63 2 3 24
$654,950 2,690 8,000 - 10,000 sqft 5 2.8 64 3 5 28
$550,000 2,260 6,500 - 8,000 sqft 4 2 68 2 4 56
$469,900 1,738 6,500 - 8,000 sqft 4 2 71 4 8 42