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Friday, November 15, 2024

Wheaton-Glenmont home prices rise in the first quarter of 2019

Realestate4

The median sale price of a home sold in the first quarter of 2019 in Wheaton-Glenmont rose by $40,000 while total sales increased by 9.7%, according to BlockShopper.com.

From January through March of 2019, there were 124 homes sold, with a median sale price of $395,000 - a 11.3% increase over the $355,000 median sale price for the same period of the previous year. There were 113 homes sold in Wheaton-Glenmont in the first quarter of 2018.

The median sales tax in Wheaton-Glenmont for the most recent year with available data, 2016, was $3,809, approximately 1% of the median home sale price for the first quarter of 2019.

The following table compares Wheaton-Glenmont 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)
White Oak2838-26.3%$420,000$417,5000.6%
Aspen Hill98111-11.7%$418,250$407,5002.6%
North Kensington413613.9%$417,500$427,000-2.2%
Clarksburg2148-56.3%$405,000$424,000-4.5%
Kemp Mill3037-18.9%$401,500$420,000-4.4%
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%

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