Rock Creek Forest Sales 2012

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This is an overview of all single family homes sold in Rock Creek Forest Year-to-date. For a long-term trend analysis, please scroll down to the bottom of the page.

January Sales: None

February Sales (1):

RCF house2802 Blaine Dr, Chevy Chase

Original Asking Price: $725,000
Asking Price at time of sale: $685,000
Final Sales Price: $670,000
Subsidy: none
Bedrooms: 4
Baths: 3 full, 1 half
Days on Market: 159
Lot Size: 5,000 s.f.

Listed by L&F[space]

March Sales (3):

2707 Navarre Dr, Chevy Chase

Original Asking Price: $574,500
Asking Price at time of sale: $574,500
Final Sales Price: $555,000
Subsidy: $1,500
Bedrooms: 3
Baths: 2 full, 1 half
Days on Market: 24
Lot Size: 6,485 s.f.

Listed by L&F

—–

Rock Creek Forest home*8303 Ellingson Dr, Chevy Chase

Original Asking Price: $599,000
Asking Price at time of sale: $559,000
Final Sales Price: $560,000
Subsidy: $14,500
Bedrooms: 4
Baths: 2 full, 1 half
Days on Market: 121
Lot Size: 6,287 s.f.

Listed by L&F

—–

*8415 Spencer Ct, Chevy Chase

Original Asking Price: $599,000
Asking Price at time of sale: $575,000
Final Sales Price: $563,000
Subsidy: none
Bedrooms: 4
Baths: 2 full
Days on Market: 144
Lot Size: 7,994 s.f.

Listed by L&F

—–

April Sales (5):

2302 Peggy Ln, Silver Spring

Original Asking Price: $510,000
Asking Price at time of sale: $510,000
Final Sales Price: $500,000
Subsidy: none
Bedrooms: 3
Baths: 2 full
Days on Market: 5
Lot Size: 7,081 s.f.

Listed by L&F

—–

Home Sold in RCF 20128033 Ellingson Dr, Chevy Chase

Original Asking Price: $899,000
Asking Price at time of sale: $849,000
Final Sales Price: $849,000
Subsidy: $12,735
Bedrooms: 4
Baths: 2 full, 2 half
Days on Market: 174
Lot Size: 6,527 s.f.

Listed by L&F

—–

Colonial Sold in RCF 2012

8209 Meadowbrook Ln, Chevy Chase

Original Asking Price: $589,500
Asking Price at time of sale: $589,500
Final Sales Price: $589,500
Subsidy: none
Bedrooms: 3
Baths: 2 full, 1 half
Days on Market: 31
Lot Size: 5,760 s.f.

Listed by L&F

—–

*2410 Spencer Rd, Silver Spring

Original Asking Price: $489,900
Asking Price at time of sale: $489,900
Final Sales Price: $496,000
Subsidy: none
Bedrooms: 3
Baths: 2 full, 1 half
Days on Market: 5
Lot Size: 7,279 s.f.

Listed by L&F

—–

RCF house sold in 20122710 East West Hwy, Chevy Chase

Original Asking Price: $495,000
Asking Price at time of sale: $510,417
Final Sales Price: $510,417
Subsidy: $18,947
Bedrooms: 3
Baths: 1 full, 1 half
Days on Market: 21
Lot Size: 5,664 s.f.
Estate sale
Listed by L&F

—–

May Sales (5):

*2312 Ross Rd, Silver Spring

Original Asking Price: $519,000
Asking Price at time of sale: $519,000
Final Sales Price: $525,000
Subsidy: none
Bedrooms: 3
Baths: 2 full, 1 half
Days on Market: 9
Lot Size: 7,477 s.f.

Listed by RE/MAX

—–

RCF house sold in 20122719 Colston Dr, Chevy Chase

Original Asking Price: $590,000
Asking Price at time of sale: $590,000
Final Sales Price: $550,000
Subsidy: $10,000
Bedrooms: 3
Baths: 2 full
Days on Market: 191
Lot Size: 6,240 s.f.

Listed by Jobin Realty

—–

Rock Creek Forest Chevy Chase*2627 East West Hwy, Chevy Chase

Original Asking Price: $500,000
Asking Price at time of sale: $500,000
Final Sales Price: $525,000
Subsidy: none
Bedrooms: 3
Baths: 1 full, 1 half
Days on Market: 6
Lot Size: 6,546 s.f.

Listed by L&F

—–

Sold in Rock Creek Forest 20122403 Colston Dr, Silver Spring

Original Asking Price: $559,500
Asking Price at time of sale: $559,500
Final Sales Price: $559,500
Subsidy: none
Bedrooms: 4
Baths: 3 full
Days on Market: 6
Lot Size: 7,560 s.f.

Listed by Evers & Co.

——

House in Rock Creek Forest*2617 East West Hwy, Chevy Chase

Original Asking Price: $472,999
Asking Price at time of sale: $472,999
Final Sales Price: $460,000
Subsidy: none
Bedrooms: 3
Baths: 1 full
Days on Market: 11
Lot Size: 6,600 s.f.

Listed by W.C. & A.N. Miller

—–

June Sales (3):

2624 Spencer Rd, Chevy Chase

Original Asking Price: $575,000
Asking Price at time of sale: $575,000
Final Sales Price: $575,000
Subsidy: none
Bedrooms: 4
Baths: 2 full, 1 half
Days on Market: 0 (Landlord-to-Tenant)
Lot Size: 6,984 s.f.

Off-market transaction

—–

2710 Spencer Rd, Chevy Chase

Original Asking Price: $770,000
Asking Price at time of sale: $770,000
Final Sales Price: $770,000
Subsidy: none
Bedrooms: 4
Baths: 3 full, 1 half
Days on Market: 0
Lot Size: 6,600 s.f.

Off-market sale by agent-owner

—–

*2717 East West Hwy, Chevy Chase

Original Asking Price: $569,000
Asking Price at time of sale: $549,000
Final Sales Price: $538,000
Subsidy: none
Bedrooms: 3
Baths: 2 full
Days on Market: 39
Lot Size: 7,630 s.f.

Listed by L&F

—–

July Sales (3):

8420 Donnybrook Dr, Chevy Chase

Original Asking Price: $650,000
Asking Price at time of sale: $650,000
Final Sales Price: $640,000
Subsidy: $850
Bedrooms: 4
Baths: 2 full, 1 half
Days on Market: 0
Lot Size: 7,066 s.f.

Off-market sale by L&F

—–

2712 Spencer Rd, Chevy Chase

Original Asking Price: $535,000
Asking Price at time of sale: $535,000
Final Sales Price: $535,000
Subsidy: none
Bedrooms: 3
Baths: 1 full, 1 half
Days on Market: 3
Lot Size: 6,600 s.f.

Listed by Keller Williams

—–

Rock Creek Forest sold in 20122808 Blaine Dr, Chevy Chase

Original Asking Price: $587,500
Asking Price at time of sale: $587,500
Final Sales Price: $583,000
Subsidy: $13,000
Bedrooms: 4
Baths: 3 full
Days on Market: 23
Lot Size:5,600 s.f.

Listed by L&F

—–

August Sales (1):

House Sold in Rock Creek Forest 20122303 Ashboro Dr, Chevy Chase

Original Asking Price: $750,000
Asking Price at time of sale: $724,900
Final Sales Price: $685,000
Subsidy: none
Bedrooms: 5
Baths: 3 full
Days on Market: 33
Lot Size: 6,308 s.f.
Flip; sold last year for $370k
Listed by Flaherty Group

—–

September Sales (2)

Sold in Rock Creek Forest

2404 East West Highway, Silver Spring

Original Asking Price: $575,000
Asking Price at time of sale: $575,000
Final Sales Price: $575,000
Subsidy: $14,775
Bedrooms: 5
Baths: 3 full
Days on Market: 22
Lot Size: 7,350 s.f.

Listed by RE/MAX Realty Centre, Inc.

—-

2317 Peggy Lane, Silver Spring

Split level. Original Asking Price: $539,500
Asking Price at time of sale: $539,500
Final Sales Price: $539,500
Subsidy: $10,000
Bedrooms: 4
Baths: 2 full, 1 half
Days on Market: 11
Lot Size: 7,937 s.f.

Listed by Keller Williams

____

October Sales

2210 Mark Ct, Silver Spring

Split level. Original Asking Price: $534,500
Asking Price at time of sale: $534,500
Final Sales Price:  $551,000 (+$17k)
Subsidy: none
Bedrooms: 3
Baths: 3
Days on Market: 7
Lot Size: 9,382 s.f.

Listed by Keller Williams

—–(Photos of properties marked with * courtesy of MRIS). Find the September 14, 2012, RCF update here.

Overall Market Trends

RCF Price Development: What appears to be another drop from 2011, is actually just skewed by the fact that no larger houses were sold so far this year. Two homes in the range over $1M hit the market, but both were withdrawn.

(Click here for an updated map and list of properties currently for sale in Rock Creek Forest)

The inventory in the more desirable neighborhoods in DC and its close-in Maryland suburbs is still so low that it has been rather hard to find homes for those who are ready, able and willing to buy.

Rock Creek Forest — close in as it’s  right on the District Line between DC and MD — is no exception here. Appropriately priced houses can be expected to move fast. Only one home is on the market at the moment (Aug 18, 2012).

Our neighborhood has been doing rather well throughout the turmoil.  The overall sales volume for RCF actually increased in 2010: $21,155,550 compared to $17,042,000 in 2009. This is largely due to a substantial price recovery: the average sold price increased to $682,437 (range $450,000 to $1,265,000) from the previous year’s $608,643 (range $315,000 to $975,000). A similar trend could be noted for 2011 (graph above; details to come).

While the total number of houses sold (31 in 2010 and 28 in 2009; following a sharp drop from 40 to 22 between 2007 and 2008) was further proof of stability, there was another piece of good news for sellers: the reduction in the time houses sat on the market (DOM) began to shorten again to an average of 45 days in 2010 versus 56 days in the previous year. It has stayed there since, and the number of transactions — 21 closed so far in 2012 — is on track as well.

Compared to other parts of the country, or even the region, this is a fabulous picture. Time will tell if the trend continues this year and beyond. Much will depend on the development of mortgage interest rates which still are extremely low.

Numbers cited include sold listings only; stats for withdrawn or previously listed properties have not been considered.

Click here if you’re thinking of selling your RCF home.

Click here if you’re thinking of buying a home in RCF

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