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Friday, November 15, 2024

Rockville home prices fall in June 2019

Re 10

The median sale price of a home sold in June 2019 in Rockville fell by $57,750 while total sales decreased by 21.4%, according to BlockShopper.com.

In June 2019, there were 55 homes sold, with a median sale price of $480,000 - a 10.7% decrease over the $537,750 median sale price for the same period of the previous year. There were 70 homes sold in Rockville in June 2018.

The median sales tax in Rockville for the most recent year with available data, 2016, was $6,949, approximately 1.4% of the median home sale price for June 2019.

The following table compares Rockville 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)
Silver Spring71676%$589,000$541,0008.9%
Olney4751-7.8%$550,000$498,00010.4%
North Kensington231921.1%$511,000$525,000-2.7%
Colesville332065%$505,000$427,00018.3%
Derwood231553.3%$486,000$465,0004.5%
Rockville5570-21.4%$480,000$537,750-10.7%
Forest Glen131118.2%$480,000$485,000-1%
Washington Grove110%$475,000$545,000-12.8%
Gaithersburg7585-11.8%$475,000$540,000-12%
Dickerson220%$467,500$400,85016.6%
Kemp Mill191258.3%$465,000$435,7506.7%

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