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Tuesday, December 24, 2024

Calverton home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Calverton rose by $77,500 while total sales increased by 28.6%, according to BlockShopper.com.

From October through December of 2018, there were 18 homes sold, with a median sale price of $420,000 - a 22.6% increase over the $342,500 median sale price for the same period of the previous year. There were 14 homes sold in Calverton in the fourth quarter of 2017.

The median sales tax in Calverton for the most recent year with available data, 2016, was $4,091, approximately 1% of the median home sale price for the fourth quarter of 2018.

The following table compares Calverton to other Montgomery County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Poolesville21210%$437,805$420,0004.2%
Kemp Mill34326.3%$437,000$412,5005.9%
North Kensington484214.3%$432,500$412,797.504.8%
Forest Glen171330.8%$425,000$446,000-4.7%
Cloverly2430-20%$420,000$430,500-2.4%
Calverton181428.6%$420,000$342,50022.6%
White Oak2739-30.8%$415,000$404,5002.6%
Damascus5772-20.8%$390,000$389,9950%
Wheaton-Glenmont129130-0.8%$380,000$367,0003.5%
Germantown220242-9.1%$358,000$326,8009.5%
Burtonsville2326-11.5%$355,000$314,50012.9%

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