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Friday, November 15, 2024

Burtonsville home prices fall in the first half of 2019

Realestate2

The median sale price of a home sold in the first half of 2019 in Burtonsville fell by $5,000 while total sales decreased by 13.7%, according to BlockShopper.com.

From January through June of 2019, there were 44 homes sold, with a median sale price of $325,000 - a 1.5% decrease over the $330,000 median sale price for the same period of the previous year. There were 51 homes sold in Burtonsville in the first half of 2018.

The median sales tax in Burtonsville for the most recent year with available data, 2016, was $4,083, approximately 1.3% of the median home sale price for the first half of 2019.

The following table compares Burtonsville to other Montgomery County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Aspen Hill238247-3.6%$425,000$421,0001%
Wheaton-Glenmont28725711.7%$395,000$373,0005.9%
Damascus122138-11.6%$380,000$361,0005.3%
Calverton3035-14.3%$375,000$371,0001.1%
Poolesville463821.1%$371,050$451,000-17.7%
Washington Grove24-50%$365,000$479,500-23.9%
Germantown475483-1.7%$349,000$340,0002.6%
Fairland756810.3%$342,000$324,9005.3%
Burtonsville4451-13.7%$325,000$330,000-1.5%
Montgomery Village4123876.5%$315,000$309,0001.9%
Boyds23-33.3%$292,500$399,900-26.9%

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