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Friday, November 15, 2024

Damascus home prices rise in June 2019

Realestate4

The median sale price of a home sold in June 2019 in Damascus rose by $5,000 while total sales decreased by 22.2%, according to BlockShopper.com.

In June 2019, there were 21 homes sold, with a median sale price of $365,000 - a 1.4% increase over the $360,000 median sale price for the same period of the previous year. There were 27 homes sold in Damascus in June 2018.

The median sales tax in Damascus for the most recent year with available data, 2016, was $4,157, approximately 1.1% of the median home sale price for June 2019.

The following table compares Damascus 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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