Altos Market Data for Realtors

Silver Spring, MD

Single-Family Homes

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Silver Spring, MD

Tue Nov 30 2021
This week the median list price for Silver Spring, MD is $564,999 with the market action index hovering around 79. This is about the same as last month's market action index of 79. Inventory has decreased to 101. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Silver Spring, MD

Tue Nov 30 2021
This week the median list price for Silver Spring, MD is $564,999 with the market action index hovering around 79. This is about the same as last month's market action index of 79. Inventory has decreased to 101. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Silver Spring market.
Median List Price $564,999
Median Price of New Listings $570,000
Per Square Foot $261
Average Days on Market 37
Median Days on Market 14
Price Decreased 32%
Price Increased 3%
Relisted 9%
Inventory 101
Median Rent $2,700
Market Action 79
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
$850,000 3,426 8,000 - 10,000 sqft 4 3.5 43 3 8 14
$600,000 2,393 6,500 - 8,000 sqft 4 3 64 10 8 7
$534,000 2,030 8,000 - 10,000 sqft 4 2.5 65 6 10 28
$449,900 1,689 6,500 - 8,000 sqft 4 2 70 6 5 21