Is Silver Spring, MD 20907 a buyer’s or seller’s market?
Silver Spring is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$302▲ +7.1% vs. last year
Run the numbers for 20907
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology