From October through December of 2018, there were 124 homes sold, with a median sale price of $512,500 - a 3.3% increase over the $496,000 median sale price for the same period of the previous year. There were 142 homes sold in Rockville in the fourth quarter of 2017.
The median sales tax in Rockville for the most recent year with available data, 2016, was $6,949, approximately 1.4% of the median home sale price for the fourth quarter of 2018.
The following table compares Rockville to other Montgomery County cities with similar median sales prices in the fourth quarter of 2018:
City | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
North Potomac | 38 | 35 | 8.6% | $686,000 | $685,000 | 0.1% |
Laytonsville | 9 | 13 | -30.8% | $665,000 | $624,900 | 6.4% |
Takoma Park | 35 | 29 | 20.7% | $604,500 | $480,000 | 25.9% |
Garrett Park | 8 | 3 | 166.7% | $602,739.50 | $748,000 | -19.4% |
Rossmoor | 2 | 0 | - | $538,000 | $0 | - |
Rockville | 124 | 142 | -12.7% | $512,500 | $496,000 | 3.3% |
Hillandale | 7 | 3 | 133.3% | $500,000 | $428,900 | 16.6% |
Olney | 92 | 82 | 12.2% | $496,500 | $484,995 | 2.4% |
Silver Spring | 158 | 128 | 23.4% | $492,500 | $463,750 | 6.2% |
Colesville | 56 | 50 | 12% | $480,500 | $443,000 | 8.5% |
Derwood | 40 | 39 | 2.6% | $471,000 | $460,000 | 2.4% |