In this week's report, the number of homes sold in the Silver Spring market fell to 51 over the past 30 days. It marked a decrease of 10.5% from last week's report and another period below the monthly average. On the other hand, close-by Washington registered 540 homes sold in the same time frame, the most of all surrounding cities. The median sales price of all transactions in Silver Spring did not budge this week, remaining at $480,000. In spite of the decrease in sales, a low one month of inventory signals that Silver Spring is a definite seller's market.
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