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Wednesday, December 25, 2024

Burtonsville home prices rise in December 2018

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The median sale price of a home sold in December 2018 in Burtonsville rose by $57,500 while total sales decreased by 30%, according to BlockShopper.com.

In December 2018, there were seven homes sold, with a median sale price of $355,000 - a 19.3% increase over the $297,500 median sale price for the same period of the previous year. There were 10 homes sold in Burtonsville in December 2017.

The median sales tax in Burtonsville for the most recent year with available data, 2016, was $4,083, approximately 1.2% of the median home sale price for December 2018.

The following table compares Burtonsville to other Montgomery County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Calverton52150%$421,750$347,562.5021.3%
Kemp Mill69-33.3%$413,666.50$371,00011.5%
Cloverly13944.4%$393,900$410,000-3.9%
Forest Glen6450%$393,000$397,500-1.1%
Damascus1822-18.2%$386,000$363,8506.1%
Wheaton-Glenmont3741-9.8%$380,000$371,5002.3%
Germantown6480-20%$362,500$312,00016.2%
Ashton-Sandy Spring220%$362,500$344,0005.4%
Fairland161323.1%$356,750$350,0001.9%
Burtonsville710-30%$355,000$297,50019.3%
Montgomery Village5262-16.1%$307,000$285,0007.7%

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