In February 2019, there were eight homes sold, with a median sale price of $451,300 - a 18.8% increase over the $379,950 median sale price for the same period of the previous year. There were 18 homes sold in Derwood in February 2018.
The median sales tax in Derwood for the most recent year with available data, 2016, was $4,947, approximately 1.1% of the median home sale price for February 2019.
The following table compares Derwood 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) |
|---|---|---|---|---|---|---|
| Silver Spring | 18 | 45 | -60% | $521,750 | $527,500 | -1.1% |
| Olney | 21 | 18 | 16.7% | $500,000 | $476,250 | 5% |
| Rockville | 27 | 31 | -12.9% | $479,000 | $417,280 | 14.8% |
| White Oak | 10 | 12 | -16.7% | $470,250 | $437,500 | 7.5% |
| Colesville | 15 | 11 | 36.4% | $455,000 | $415,000 | 9.6% |
| Derwood | 8 | 18 | -55.6% | $451,300 | $379,950 | 18.8% |
| Hillandale | 1 | 1 | 0% | $439,900 | $400,000 | 10% |
| Aspen Hill | 26 | 35 | -25.7% | $425,000 | $398,000 | 6.8% |
| Gaithersburg | 33 | 33 | 0% | $399,900 | $400,000 | -0% |
| Kemp Mill | 7 | 13 | -46.2% | $398,000 | $465,000 | -14.4% |
| Wheaton-Glenmont | 32 | 37 | -13.5% | $391,000 | $375,000 | 4.3% |
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