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Friday, November 15, 2024

Laytonsville home prices fall in the second quarter of 2019

Realestate1

The median sale price of a home sold in the second quarter of 2019 in Laytonsville fell by $145,000 while total sales decreased by 47.6%, according to BlockShopper.com.

From April through June of 2019, there were 11 homes sold, with a median sale price of $520,000 - a 21.8% decrease over the $665,000 median sale price for the same period of the previous year. There were 21 homes sold in Laytonsville in the second quarter of 2018.

The median sales tax in Laytonsville for the most recent year with available data, 2016, was $7,014, approximately 1.3% of the median home sale price for the second quarter of 2019.

The following table compares Laytonsville to other Montgomery County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Brookeville11837.5%$640,000$712,500-10.2%
Takoma Park483060%$621,000$565,0009.9%
Ashton-Sandy Spring2025-20%$585,000$475,00023.2%
Silver Spring1741608.8%$557,000$537,5003.6%
Olney125129-3.1%$520,000$500,0004%
Laytonsville1121-47.6%$520,000$665,000-21.8%
Forest Glen29290%$510,000$482,2505.8%
Gaithersburg2132120.5%$508,000$514,950-1.3%
Rockville144159-9.4%$500,000$590,000-15.3%
Colesville775930.5%$495,000$449,00010.2%
Washington Grove12-50%$475,000$479,500-0.9%

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