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Friday, November 15, 2024

Montgomery Village home prices fall in June 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in June 2019 in Montgomery Village fell by $1,000 while total sales increased by 17.6%, according to BlockShopper.com.

In June 2019, there were 87 homes sold, with a median sale price of $331,500 - a 0.3% decrease over the $332,500 median sale price for the same period of the previous year. There were 74 homes sold in Montgomery Village in June 2018.

The median sales tax in Montgomery Village for the most recent year with available data, 2016, was $3,117, approximately 0.9% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Laytonsville46-33.3%$455,000$750,000-39.3%
Aspen Hill544325.6%$425,500$449,000-5.2%
Wheaton-Glenmont665617.9%$410,000$385,8346.3%
Germantown1128630.2%$383,000$407,500-6%
Poolesville910-10%$380,000$490,000-22.4%
Damascus2127-22.2%$365,000$360,0001.4%
Calverton8633.3%$362,500$404,500-10.4%
Burtonsville12850%$349,500$287,50021.6%
Fairland197171.4%$336,000$324,9003.4%
Montgomery Village877417.6%$331,500$332,500-0.3%
Boyds110%$120,000$755,000-84.1%

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