Today’s View – January 27, 2015 – Rossmoor Rentals
This is a market report for rental apartments in the active senior (55 +) citizens community of Rossmoor in Silver Spring, Md. 20906. This is a 610 acre gated senior citizens community at the northern edge of Silver Spring. At the time of this report (1/27/2015) there are a total of 10 such homes on the market FOR RENT, 3 with applications waiting on landlord decision, and another 8 that have rented in the last 30 days. This is a lively market, with a 1.25 month absorption (active/rented) rate.
Currently there are 2 one-bedroom apartments on the market for rent. These apartments are currently listed for $1,295, being on the market for approaching 1.5 months (42 days) and $1,395 per month, being on the market for 2 weeks (13 days).
Currently there is no one-bedroom apartments in the community with applications being considered by the landlord and 1 that has had a lease signed in the last 30 days. This unit rented for $1,395 after being on the market for approaching 2 months (56 days).
Currently there are 8 two-bedroom apartments on the market for rent. These homes are currently listed for $1,400 to $1,850 per month; with the median being $1,625. The days on market range from new to the market (1 day) to over 4 months (129 days), with the median being 1.5 months (47 days).
There are 3 two-bedroom homes currently waiting on the landlords for a decision to rent. These homes were last listed for $1,300 to $2,000 per month, with the median being $1,700. The days are market for this set of homes ranged from less than a week (4 days) to 3 weeks (23 days), with the median being over 2 weeks (17 days).
In the last 30 days, leases have been signed for 5 two-bedroom homes. These homes rented for between $1,350 and $1,950. The days are market for this set of homes was ranged from new to the market (1 days) to over 1 month (36 days), with the median being over 2 weeks (16 days).
Currently there no three-bedroom homes on the market for rent or any waiting on the landlord for a decision.
In the last 30 days, leases have been signed on 2 three-bedroom homes. These homes rented for between $1,695 and $1,900. The days are market for this set of homes was ranged from new to the market (1 day) to 3 weeks (23 days).
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