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Friday, November 15, 2024

White Oak home prices rise in February 2019

Re 6

The median sale price of a home sold in February 2019 in White Oak rose by $32,750 while total sales decreased by 16.7%, according to BlockShopper.com.

In February 2019, there were 10 homes sold, with a median sale price of $470,250 - a 7.5% increase over the $437,500 median sale price for the same period of the previous year. There were 12 homes sold in White Oak in February 2018.

The median sales tax in White Oak for the most recent year with available data, 2016, was $4,454, approximately 0.9% of the median home sale price for February 2019.

The following table compares White Oak 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)
Ashton-Sandy Spring23-33.3%$648,000$820,000-21%
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%

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