Friday, February 25, 2011

Silver Spring MD Homes For Sale Asking Price Update

This will be a very short article, aimed primarily at anyone living in the Silver Spring market, and even those considering buying one of the available downtown Silver Spring MD homes for sale.  The median asking prices have really taken it on the chin over the past six months, losing over 12% of their value in just that short time.  If you will allow me to speak in rough numbers, in August of 2010, the median asking price for Silver Spring MD homes was right around $400,000, but in our most recent measurement, that number has fallen to $350,000, a drop of $50,000, or 1/8th of last fall's asking price.  That's pretty rough.

If you are considering selling your Silver Spring home, or maybe you want to buy one, and you need more market information to make a good decision, please don't hesitate to visit http://dcrealestatemarketplace.com for the most current market statistics as well as the most effective home marketing solution anywhere!

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