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Spring Lake Home Values and Market Report

Search in the subdivision of Spring Lake

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Report prepared by Elizabethmanzanohomes.com Long & Foster Real Estate, Inc.

Market at a glance

Over the last 12 months, homes sold for 99.5% of list price in 67 days on average.

Average price, last 12 months

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

List · $734K Sold · $736K
$1.6M$1.2M$800K$400K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 5 sales in Apr. Last month: 2.

Where the market stands

All homes in this report, by status.

34homes
Active4 · 12%
Under contract2 · 6%
Sold (12 mo)28 · 82%

Buyer's or seller's market?

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

2.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$1.04M
Under contract$664K
Sold$838K

Average days on market

Active54 days
Under contract64 days
Sold67 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 4
Average list price $1,035,474
Avg. days on market 54 days
Avg. price per ft² $355
Avg. living area 2,710 ft²
Avg. beds / baths 3.0 / 3.0

Price vs. living area

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

$3M$2M$1M$0

Price vs. living area: 4 homes plotted, up to $3M and 9,000 ft².

0 ft²3,0006,0009,000 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 4 homes in this status.

20830 Spring Lake Dr Unit 417$488
1640 Besley Rd$401
7559 Spring Lake Dr Unit D2$276
7504 Spring Lake Dr Unit A$255

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1640 Besley RdVienna, VA 22182 677,469$3,000,000$4015 days
20830 Spring Lake Dr Unit 417Rehoboth Beach, DE 19971 221,120$547,000$48827 days
7559 Spring Lake Dr Unit D2Bethesda, MD 20817 21922$254,900$27692 days
7504 Spring Lake Dr Unit ABethesda, MD 20817 221,329$339,999$25590 days
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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.

Elizabethmanzanohomes.com Long & Foster Real Estate, Inc.

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