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Montgomery News

Monday, November 25, 2024

Rockville home prices fall in August 2019

Realestate077

The median sale price of a home sold in August 2019 in Rockville fell by $12,500 while total sales increased by 34.5%, according to BlockShopper.com.

In August 2019, there were 74 homes sold, with a median sale price of $529,500 - a 2.3% decrease over the $542,000 median sale price for the same period of the previous year. There were 55 homes sold in Rockville in August 2018.

The median sales tax in Rockville for the most recent year with available data, 2016, was $6,949, approximately 1.3% of the median home sale price for August 2019.

The following table compares Rockville to other Montgomery County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Takoma Park171421.4%$591,000$547,5007.9%
Silver Spring4968-27.9%$580,000$525,00010.5%
Washington Grove10-$560,000$0-
Clarksburg1518-16.7%$535,000$442,50020.9%
Hillandale330%$533,500$500,0006.7%
Rockville745534.5%$529,500$542,000-2.3%
Olney3845-15.6%$527,500$504,9504.5%
Colesville2631-16.1%$517,500$480,0007.8%
Cloverly811-27.3%$504,950$450,00012.2%
Gaithersburg5783-31.3%$489,900$540,000-9.3%
Aspen Hill4255-23.6%$465,950$427,0009.1%

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