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Friday, November 15, 2024

Poolesville home prices fall in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Poolesville fell by $10,000 while total sales increased by 33.3%, according to BlockShopper.com.

From January through March of 2019, there were 20 homes sold, with a median sale price of $340,000 - a 2.9% decrease over the $350,000 median sale price for the same period of the previous year. There were 15 homes sold in Poolesville in the first quarter of 2018.

The median sales tax in Poolesville for the most recent year with available data, 2016, was $4,439, approximately 1.3% of the median home sale price for the first quarter of 2019.

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

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Wheaton-Glenmont1241139.7%$395,000$355,00011.3%
Damascus5172-29.2%$380,000$368,5003.1%
Dickerson24-50%$368,825$365,4500.9%
Calverton1321-38.1%$360,000$325,00010.8%
Laytonsville312-75%$351,000$555,000-36.8%
Poolesville201533.3%$340,000$350,000-2.9%
Fairland3139-20.5%$335,000$310,0008.1%
Germantown195215-9.3%$319,900$325,000-1.6%
Burtonsville2125-16%$316,000$324,000-2.5%
Montgomery Village17315114.6%$300,000$294,0002%
Washington Grove12-50%$255,000$518,000-50.8%

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