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Friday, November 15, 2024

Colesville home prices rise in March 2019

Realestate5

The median sale price of a home sold in March 2019 in Colesville rose by $46,850 while total sales increased by 18.2%, according to BlockShopper.com.

In March 2019, there were 13 homes sold, with a median sale price of $470,000 - a 11.1% increase over the $423,150 median sale price for the same period of the previous year. There were 11 homes sold in Colesville in March 2018.

The median sales tax in Colesville for the most recent year with available data, 2016, was $5,084, approximately 1.1% of the median home sale price for March 2019.

The following table compares Colesville 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)
Rockville3339-15.4%$505,000$490,0003.1%
Olney352445.8%$499,999$463,5007.9%
Rossmoor110%$499,000$680,000-26.6%
Cloverly880%$490,500$403,00021.7%
Aspen Hill3540-12.5%$480,000$419,75014.4%
Colesville131118.2%$470,000$423,15011.1%
North Kensington191172.7%$455,000$410,00011%
Hillandale20-$451,000$0-
Derwood171154.5%$449,000$435,0003.2%
Gaithersburg524126.8%$447,500$415,0007.8%
Silver Spring453432.4%$440,000$535,450-17.8%

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