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Monday, August 4, 2025

Washington Grove home prices rise in the second half of 2017

Realestate5

The median sale price of a home sold in the second half of 2017 in Washington Grove rose by $98,112 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through December of 2017, there were two homes sold, with a median sale price of $515,612 - a 23.5% increase over the $417,500 median sale price for the same period of the previous year. There were three homes sold in Washington Grove in the second half of 2016.

The median sales tax in Washington Grove for the most recent year with available data, 2016, was $5,385, approximately 1% of the median home sale price for the second half of 2017.

The following table compares Washington Grove to other Montgomery County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Brookeville11110%$625,000$555,00012.6%
Brinklow440%$597,500$685,500-12.8%
Rockville31426418.9%$548,500$550,000-0.3%
Takoma Park73730%$540,000$500,0008%
Ashton-Sandy Spring2930-3.3%$527,500$592,000-10.9%
Washington Grove23-33.3%$515,612$417,50023.5%
Olney22018022.2%$490,000$488,2000.4%
Silver Spring2792713%$490,000$499,000-1.8%
Forest Glen3651-29.4%$476,000$425,00012%
Boyds57-28.6%$470,000$495,000-5.1%
Derwood998220.7%$468,000$426,0009.9%

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