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Friday, November 15, 2024

Wheaton-Glenmont home prices rise in March 2019

Realestate077

The median sale price of a home sold in March 2019 in Wheaton-Glenmont rose by $42,550 while total sales increased by 46.2%, according to BlockShopper.com.

In March 2019, there were 38 homes sold, with a median sale price of $394,000 - a 12.1% increase over the $351,450 median sale price for the same period of the previous year. There were 26 homes sold in Wheaton-Glenmont in March 2018.

The median sales tax in Wheaton-Glenmont for the most recent year with available data, 2016, was $3,809, approximately 1% of the median home sale price for March 2019.

The following table compares Wheaton-Glenmont to other Montgomery County cities with similar median sales prices in March 2019:

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Gaithersburg524126.8%$447,500$415,0007.8%
Silver Spring453432.4%$440,000$535,450-17.8%
Calverton25-60%$427,500$425,0000.6%
Clarksburg1112-8.3%$405,000$475,000-14.7%
Damascus201811.1%$394,950$381,038.503.7%
Wheaton-Glenmont382646.2%$394,000$351,45012.1%
Kemp Mill121020%$388,000$407,500-4.8%
White Oak612-50%$385,000$431,650-10.8%
Fairland11837.5%$382,000$441,500-13.5%
Poolesville52150%$360,000$409,000-12%
Burtonsville11683.3%$355,000$426,200-16.7%

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