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Friday, November 15, 2024

Rockville home prices fall in April 2019

Realestate5

The median sale price of a home sold in April 2019 in Rockville fell by $87,550 while total sales decreased by 12.2%, according to BlockShopper.com.

In April 2019, there were 36 homes sold, with a median sale price of $492,450 - a 15.1% decrease over the $580,000 median sale price for the same period of the previous year. There were 41 homes sold in Rockville in April 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 April 2019.

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

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Laytonsville35-40%$650,000$675,000-3.7%
Takoma Park168100%$630,750$579,5008.8%
Silver Spring363020%$574,224$529,4508.5%
Olney35329.4%$500,000$509,000-1.8%
Gaithersburg524710.6%$494,950$445,00011.2%
Rockville3641-12.2%$492,450$580,000-15.1%
Cloverly68-25%$481,862.50$417,50015.4%
Forest Glen880%$476,250$507,500-6.2%
Garrett Park13-66.7%$461,500$790,000-41.6%
Kemp Mill910-10%$460,000$485,000-5.2%
Hillandale10-$460,000$0-

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