Here is a quickie overview of what is happening in one little part of Silver Spring.  The zip code – 20901 – takes in a large area including such hot spots as:

• Four Corners (a great, older community with lots of trees and close to the commuter routes)
• White Oak Shopping Center
• the new Food and Drug Administration (FDA) office facilities
• Westfield Wheaton Shopping
• the Wheaton METRO station
• Sligo Creek Park (great for biking and walking)

So….What’s going on in the real estate market?

It’s still not a pretty picture. However there seems to be signs of improvement:

• Median Sales Price is moving up slightly.
• Days on Market seems to have stabilized a bit. It’s still a long time but, at least, it’s not getting any longer.
• Inventory is getting bigger — this is the number of homes currently on the market. This means more people are feeling good about selling their homes.