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Monday, August 4, 2025

Colesville home prices fall in June 2017

Re 6

The median sale price of a home sold in June 2017 in Colesville fell by $31,500 while total sales increased by 2.9%, according to BlockShopper.com.

In June 2017, there were 35 homes sold, with a median sale price of $440,000 - a 6.7% decrease over the $471,500 median sale price for the same period of the previous year. There were 34 homes sold in Colesville in June 2016.

The median sales tax in Colesville for the most recent year with available data, 2016, was $5,084, approximately 1.2% of the median home sale price for June 2017.

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

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Forest Glen1112-8.3%$495,000$358,75038%
Olney524418.2%$478,500$522,500-8.4%
Gaithersburg7786-10.5%$472,000$476,750-1%
Hillandale110%$468,000$220,000112.7%
Poolesville8560%$462,500$355,00030.3%
Colesville35342.9%$440,000$471,500-6.7%
North Kensington2428-14.3%$435,000$472,000-7.8%
White Oak211723.5%$430,000$400,0007.5%
Kemp Mill1022-54.5%$428,750$435,500-1.5%
Clarksburg191618.8%$425,000$437,450-2.8%
Aspen Hill58571.8%$424,600$385,00010.3%

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