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Thursday, December 26, 2024

Poolesville home prices rise in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Poolesville rose by $23,000 while total sales increased by 1.9%, according to BlockShopper.com.

From July through December of 2018, there were 53 homes sold, with a median sale price of $438,000 - a 5.5% increase over the $415,000 median sale price for the same period of the previous year. There were 52 homes sold in Poolesville in the second half of 2017.

The median sales tax in Poolesville for the most recent year with available data, 2016, was $4,439, approximately 1% of the median home sale price for the second half of 2018.

The following table compares Poolesville 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)
Derwood106997.1%$470,500$468,0000.5%
Clarksburg84100-16%$465,750$463,4500.5%
Brinklow24-50%$457,000$597,500-23.5%
Cloverly605313.2%$450,000$431,0004.4%
North Kensington1138828.4%$440,000$419,9504.8%
Poolesville53521.9%$438,000$415,0005.5%
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%

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