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Monday, November 25, 2024

Laytonsville home prices fall 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 Laytonsville fell by $58,000 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

From July through September of 2018, there were seven homes sold, with a median sale price of $632,000 - a 8.4% decrease over the $690,000 median sale price for the same period of the previous year. There were seven homes sold in Laytonsville in the third quarter of 2017, as well.

The median sales tax in Laytonsville for the most recent year with available data, 2016, was $7,014, approximately 1.1% of the median home sale price for the third quarter of 2018.

The following table compares Laytonsville 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)
North Bethesda1008222%$737,500$728,0001.3%
Garrett Park9812.5%$725,000$630,00015.1%
North Potomac634153.7%$683,750$639,9006.9%
Ashton-Sandy Spring341888.9%$675,950$592,50014.1%
Darnestown251931.6%$660,000$822,500-19.8%
Laytonsville770%$632,000$690,000-8.4%
Boyds23-33.3%$600,000$365,00064.4%
Takoma Park4244-4.5%$575,000$580,000-0.9%
Washington Grove31200%$560,000$486,22415.2%
Rockville160172-7%$548,450$583,500-6%
Silver Spring1661519.9%$547,750$535,7752.2%

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