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Wednesday, December 25, 2024

Aspen Hill home prices rise in the fourth quarter of 2018

Realestate2

The median sale price of a home sold in the fourth quarter of 2018 in Aspen Hill rose by $30,000 while total sales increased by 54.2%, according to BlockShopper.com.

From October through December of 2018, there were 128 homes sold, with a median sale price of $440,000 - a 7.3% increase over the $410,000 median sale price for the same period of the previous year. There were 83 homes sold in Aspen Hill in the fourth quarter of 2017.

The median sales tax in Aspen Hill for the most recent year with available data, 2016, was $4,420, approximately 1% of the median home sale price for the fourth quarter of 2018.

The following table compares Aspen Hill 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)
Colesville565012%$480,500$443,0008.5%
Derwood40392.6%$471,000$460,0002.4%
Gaithersburg1621508%$464,950$452,7502.7%
Clarksburg3236-11.1%$450,500$415,0008.6%
Ashton-Sandy Spring151136.4%$440,000$469,000-6.2%
Aspen Hill1288354.2%$440,000$410,0007.3%
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%

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