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Friday, November 15, 2024

Colesville home prices rise in February 2019

Realestate5

The median sale price of a home sold in February 2019 in Colesville rose by $40,000 while total sales increased by 36.4%, according to BlockShopper.com.

In February 2019, there were 15 homes sold, with a median sale price of $455,000 - a 9.6% increase over the $415,000 median sale price for the same period of the previous year. There were 11 homes sold in Colesville in February 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 February 2019.

The following table compares Colesville 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)
Poolesville26-66.7%$545,000$375,00045.3%
Silver Spring1845-60%$521,750$527,500-1.1%
Olney211816.7%$500,000$476,2505%
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%

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