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Friday, November 15, 2024

Laytonsville home prices fall 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 Laytonsville fell by $137,500 while total sales decreased by 57.6%, according to BlockShopper.com.

From January through June of 2019, there were 14 homes sold, with a median sale price of $492,500 - a 21.8% decrease over the $630,000 median sale price for the same period of the previous year. There were 33 homes sold in Laytonsville in the first half of 2018.

The median sales tax in Laytonsville for the most recent year with available data, 2016, was $7,014, approximately 1.4% of the median home sale price for the first half of 2019.

The following table compares Laytonsville 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)
Takoma Park736512.3%$620,000$554,00011.9%
Ashton-Sandy Spring2932-9.4%$575,000$484,75018.6%
Silver Spring277291-4.8%$532,500$527,5000.9%
Rockville246264-6.8%$505,000$536,750-5.9%
Olney21319111.5%$500,000$482,5003.6%
Laytonsville1433-57.6%$492,500$630,000-21.8%
Forest Glen4152-21.2%$490,000$483,6251.3%
Gaithersburg3443294.6%$480,000$475,0001.1%
Colesville12710323.3%$475,000$449,0005.8%
Cloverly5051-2%$460,000$439,9004.6%
Derwood8191-11%$455,000$450,0001.1%

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