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Thursday, December 26, 2024

Wheaton-Glenmont home prices rise in December 2018

Realestate1

The median sale price of a home sold in December 2018 in Wheaton-Glenmont rose by $8,500 while total sales decreased by 9.8%, according to BlockShopper.com.

In December 2018, there were 37 homes sold, with a median sale price of $380,000 - a 2.3% increase over the $371,500 median sale price for the same period of the previous year. There were 41 homes sold in Wheaton-Glenmont in December 2017.

The median sales tax in Wheaton-Glenmont for the most recent year with available data, 2016, was $3,809, approximately 1% of the median home sale price for December 2018.

The following table compares Wheaton-Glenmont 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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