In February 2019, there were 14 homes sold, with a median sale price of $368,500 - a 11.6% increase over the $330,150 median sale price for the same period of the previous year. There were 26 homes sold in Damascus in February 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 February 2019.
The following table compares Damascus to other Montgomery County cities with similar median sales prices in February 2019:
City | Feb. 2019 Home Sales | Feb. 2018 Home Sales | % change (Total Home Sales) | Feb. 2019 Median Sales Price | Feb. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Wheaton-Glenmont | 32 | 37 | -13.5% | $391,000 | $375,000 | 4.3% |
Forest Glen | 1 | 9 | -88.9% | $380,000 | $529,900 | -28.3% |
Cloverly | 4 | 6 | -33.3% | $379,999.50 | $438,950 | -13.4% |
Clarksburg | 7 | 11 | -36.4% | $375,000 | $418,000 | -10.3% |
North Kensington | 8 | 9 | -11.1% | $372,500 | $430,000 | -13.4% |
Damascus | 14 | 26 | -46.2% | $368,500 | $330,150 | 11.6% |
Calverton | 5 | 8 | -37.5% | $343,000 | $306,725 | 11.8% |
Fairland | 9 | 9 | 0% | $335,000 | $340,000 | -1.5% |
Burtonsville | 1 | 7 | -85.7% | $310,000 | $335,000 | -7.5% |
Montgomery Village | 35 | 42 | -16.7% | $309,000 | $284,500 | 8.6% |
Germantown | 45 | 63 | -28.6% | $303,500 | $332,000 | -8.6% |