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Friday, November 15, 2024

Rossmoor home prices rise in the first half of 2019

Realestate077

The median sale price of a home sold in the first half of 2019 in Rossmoor rose by $47,335 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From January through June of 2019, there were three homes sold, with a median sale price of $727,335 - a 7% increase over the $680,000 median sale price for the same period of the previous year. There were three homes sold in Rossmoor in the first half of 2018, as well.

The median sales tax in Rossmoor for the most recent year with available data, 2016, was $7,170, approximately 1% of the median home sale price for the first half of 2019.

The following table compares Rossmoor 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)
Cabin John917-47.1%$944,657$945,000-0%
Potomac289291-0.7%$895,000$895,0000%
South Kensington8386-3.5%$795,000$753,7505.5%
North Bethesda1511472.7%$731,900$699,0004.7%
North Potomac7284-14.3%$729,500$690,0005.7%
Rossmoor330%$727,335$680,0007%
Darnestown3746-19.6%$725,000$774,000-6.3%
Brinklow24-50%$674,500$480,43540.4%
Garrett Park1420-30%$663,500$628,5005.6%
Brookeville1214-14.3%$660,000$770,000-14.3%
Takoma Park736512.3%$620,000$554,00011.9%

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