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Friday, November 15, 2024

Aspen Hill home prices rise in February 2019

Re 5

The median sale price of a home sold in February 2019 in Aspen Hill rose by $27,000 while total sales decreased by 25.7%, according to BlockShopper.com.

In February 2019, there were 26 homes sold, with a median sale price of $425,000 - a 6.8% increase over the $398,000 median sale price for the same period of the previous year. There were 35 homes sold in Aspen Hill in February 2018.

The median sales tax in Aspen Hill for the most recent year with available data, 2016, was $4,420, approximately 1% of the median home sale price for February 2019.

The following table compares Aspen Hill to other Montgomery County cities with similar median sales prices in February 2019:

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Rockville2731-12.9%$479,000$417,28014.8%
White Oak1012-16.7%$470,250$437,5007.5%
Colesville151136.4%$455,000$415,0009.6%
Derwood818-55.6%$451,300$379,95018.8%
Hillandale110%$439,900$400,00010%
Aspen Hill2635-25.7%$425,000$398,0006.8%
Gaithersburg33330%$399,900$400,000-0%
Kemp Mill713-46.2%$398,000$465,000-14.4%
Wheaton-Glenmont3237-13.5%$391,000$375,0004.3%
Forest Glen19-88.9%$380,000$529,900-28.3%
Cloverly46-33.3%$379,999.50$438,950-13.4%

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