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Friday, November 15, 2024

Montgomery Village home prices rise in May 2019

Realestate1

The median sale price of a home sold in May 2019 in Montgomery Village rose by $2,100 while total sales decreased by 1.2%, according to BlockShopper.com.

In May 2019, there were 80 homes sold, with a median sale price of $332,000 - a 0.6% increase over the $329,900 median sale price for the same period of the previous year. There were 81 homes sold in Montgomery Village in May 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 May 2019.

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

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Kemp Mill219133.3%$440,000$469,000-6.2%
Poolesville990%$439,000$532,500-17.6%
Aspen Hill5565-15.4%$435,000$458,000-5%
Derwood1221-42.9%$430,000$500,000-14%
North Kensington291681.3%$430,000$445,750-3.5%
Calverton8560%$405,000$420,000-3.6%
Wheaton-Glenmont594822.9%$385,000$379,0001.6%
Damascus262313%$384,950$415,000-7.2%
Germantown103109-5.5%$375,000$355,0005.6%
Burtonsville811-27.3%$332,500$420,000-20.8%
Montgomery Village8081-1.2%$332,000$329,9000.6%

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