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Friday, November 15, 2024

Wheaton-Glenmont home prices rise in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Wheaton-Glenmont rose by $22,000 while total sales increased by 11.7%, according to BlockShopper.com.

From January through June of 2019, there were 287 homes sold, with a median sale price of $395,000 - a 5.9% increase over the $373,000 median sale price for the same period of the previous year. There were 257 homes sold in Wheaton-Glenmont in the first half of 2018.

The median sales tax in Wheaton-Glenmont for the most recent year with available data, 2016, was $3,809, approximately 1% of the median home sale price for the first half of 2019.

The following table compares Wheaton-Glenmont 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)
North Kensington1109120.9%$443,700$455,000-2.5%
Hillandale5425%$439,900$419,4504.9%
Clarksburg7395-23.2%$435,000$430,0001.2%
Dickerson67-14.3%$432,500$326,70032.4%
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%

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