From April through June of 2019, there were 213 homes sold, with a median sale price of $508,000 - a 1.3% decrease over the $514,950 median sale price for the same period of the previous year. There were 212 homes sold in Gaithersburg in the second quarter of 2018.
The median sales tax in Gaithersburg for the most recent year with available data, 2016, was $5,166, approximately 1% of the median home sale price for the second quarter of 2019.
The following table compares Gaithersburg to other Montgomery County cities with similar median sales prices in the second quarter of 2019:
| City | Apr. - June 2019 Home Sales | Apr. - June 2018 Home Sales | % change (Total Home Sales) | Apr. - June 2019 Median Sales Price | Apr. - June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Ashton-Sandy Spring | 20 | 25 | -20% | $585,000 | $475,000 | 23.2% |
| Silver Spring | 174 | 160 | 8.8% | $557,000 | $537,500 | 3.6% |
| Olney | 125 | 129 | -3.1% | $520,000 | $500,000 | 4% |
| Laytonsville | 11 | 21 | -47.6% | $520,000 | $665,000 | -21.8% |
| Forest Glen | 29 | 29 | 0% | $510,000 | $482,250 | 5.8% |
| Gaithersburg | 213 | 212 | 0.5% | $508,000 | $514,950 | -1.3% |
| Rockville | 144 | 159 | -9.4% | $500,000 | $590,000 | -15.3% |
| Colesville | 77 | 59 | 30.5% | $495,000 | $449,000 | 10.2% |
| Washington Grove | 1 | 2 | -50% | $475,000 | $479,500 | -0.9% |
| Cloverly | 34 | 30 | 13.3% | $460,000 | $441,000 | 4.3% |
| North Kensington | 69 | 55 | 25.5% | $460,000 | $466,500 | -1.4% |
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