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Monday, August 4, 2025

Forest Glen home prices rise in July 2017

Re 4

The median sale price of a home sold in July 2017 in Forest Glen rose by $80,000 while total sales decreased by 61.5%, according to BlockShopper.com.

In July 2017, there were five homes sold, with a median sale price of $480,000 - a 20% increase over the $400,000 median sale price for the same period of the previous year. There were 13 homes sold in Forest Glen in July 2016.

The median sales tax in Forest Glen for the most recent year with available data, 2016, was $4,425, approximately 0.9% of the median home sale price for July 2017.

The following table compares Forest Glen to other Montgomery County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Derwood1529-48.3%$542,000$428,00026.6%
Ashton-Sandy Spring714-50%$527,500$653,750-19.3%
Brinklow110%$520,000$949,000-45.2%
Washington Grove110%$486,224$592,500-17.9%
North Kensington722-68.2%$485,000$487,450-0.5%
Forest Glen513-61.5%$480,000$400,00020%
Clarksburg1827-33.3%$463,400$428,0008.3%
Colesville2431-22.6%$451,500$480,000-5.9%
Gaithersburg5369-23.2%$433,000$435,000-0.5%
Kemp Mill1214-14.3%$431,000$406,2506.1%
Calverton10666.7%$415,000$328,75026.2%

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