In March 2019, there were 20 homes sold, with a median sale price of $394,950 - a 3.7% increase over the $381,039 median sale price for the same period of the previous year. There were 18 homes sold in Damascus in March 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 March 2019.
The following table compares Damascus to other Montgomery County cities with similar median sales prices in March 2019:
| City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Derwood | 17 | 11 | 54.5% | $449,000 | $435,000 | 3.2% |
| Gaithersburg | 52 | 41 | 26.8% | $447,500 | $415,000 | 7.8% |
| Silver Spring | 45 | 34 | 32.4% | $440,000 | $535,450 | -17.8% |
| Calverton | 2 | 5 | -60% | $427,500 | $425,000 | 0.6% |
| Clarksburg | 11 | 12 | -8.3% | $405,000 | $475,000 | -14.7% |
| Damascus | 20 | 18 | 11.1% | $394,950 | $381,038.50 | 3.7% |
| Wheaton-Glenmont | 38 | 26 | 46.2% | $394,000 | $351,450 | 12.1% |
| Kemp Mill | 12 | 10 | 20% | $388,000 | $407,500 | -4.8% |
| White Oak | 6 | 12 | -50% | $385,000 | $431,650 | -10.8% |
| Fairland | 11 | 8 | 37.5% | $382,000 | $441,500 | -13.5% |
| Poolesville | 5 | 2 | 150% | $360,000 | $409,000 | -12% |
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