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Monday, August 4, 2025

Damascus home prices rise in December 2017

Realestate077

The median sale price of a home sold in December 2017 in Damascus rose by $68,850 while total sales decreased by 12%, according to BlockShopper.com.

In December 2017, there were 22 homes sold, with a median sale price of $363,850 - a 23.3% increase over the $295,000 median sale price for the same period of the previous year. There were 25 homes sold in Damascus in December 2016.

The median sales tax in Damascus for the most recent year with available data, 2016, was $4,157, approximately 1.1% of the median home sale price for December 2017.

The following table compares Damascus to other Montgomery County cities with similar median sales prices in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Poolesville4333.3%$410,000$555,000-26.1%
Clarksburg1224-50%$407,450$388,5004.9%
Forest Glen49-55.6%$397,500$425,000-6.5%
Wheaton-Glenmont4145-8.9%$371,500$355,0004.6%
Kemp Mill910-10%$371,000$375,500-1.2%
Damascus2225-12%$363,850$295,00023.3%
Fairland131030%$350,000$268,20030.5%
Calverton210-80%$347,562.50$380,000-8.5%
Ashton-Sandy Spring23-33.3%$344,000$833,000-58.7%
Germantown8085-5.9%$312,000$325,000-4%
Burtonsville10666.7%$297,500$299,950-0.8%

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