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Montgomery News

Tuesday, December 24, 2024

Burtonsville home prices fall in the second half of 2018

Realestate5

The median sale price of a home sold in the second half of 2018 in Burtonsville fell by $21,100 while total sales increased by 40.8%, according to BlockShopper.com.

From July through December of 2018, there were 69 homes sold, with a median sale price of $332,500 - a 6% decrease over the $353,600 median sale price for the same period of the previous year. There were 49 homes sold in Burtonsville in the second half of 2017.

The median sales tax in Burtonsville for the most recent year with available data, 2016, was $4,083, approximately 1.2% of the median home sale price for the second half of 2018.

The following table compares Burtonsville to other Montgomery County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Kemp Mill847413.5%$437,000$412,5005.9%
Aspen Hill2642591.9%$432,450$405,0006.8%
White Oak7283-13.3%$425,000$405,0004.9%
Calverton453432.4%$420,000$385,5008.9%
Damascus144147-2%$395,000$389,9901.3%
Wheaton-Glenmont285286-0.3%$385,000$364,5005.6%
Germantown5435282.8%$368,000$330,00011.5%
Boyds6520%$367,500$470,000-21.8%
Fairland947623.7%$338,624.50$351,000-3.5%
Burtonsville694940.8%$332,500$353,600-6%
Montgomery Village49044111.1%$316,000$295,0007.1%

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