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Monday, November 25, 2024

Dickerson home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Dickerson rose by $6,500 while total sales decreased by 40%, according to BlockShopper.com.

From July through September of 2018, there were three homes sold, with a median sale price of $335,000 - a 2% increase over the $328,500 median sale price for the same period of the previous year. There were five homes sold in Dickerson in the third quarter of 2017.

The median sales tax in Dickerson for the most recent year with available data, 2016, was $4,350, approximately 1.3% of the median home sale price for the third quarter of 2018.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
White Oak45442.3%$430,000$410,0004.9%
Aspen Hill136176-22.7%$428,000$400,0007%
Calverton272035%$419,000$397,5005.4%
Damascus877516%$400,000$386,6753.4%
Wheaton-Glenmont1561560%$393,500$361,0009%
Germantown32328612.9%$375,000$332,50012.8%
Dickerson35-40%$335,000$328,5002%
Fairland46437%$332,550$364,000-8.6%
Burtonsville4623100%$332,000$360,000-7.8%
Montgomery Village2582388.4%$318,000$299,9506%
Brinklow13-66.7%$185,000$675,000-72.6%

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