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Montgomery News

Wednesday, December 25, 2024

Rockville home prices fall in December 2018

Realestate3

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Adobe Stock

The median sale price of a home sold in December 2018 in Rockville fell by $44,000 while total sales decreased by 2.6%, according to BlockShopper.com.

In December 2018, there were 38 homes sold, with a median sale price of $505,000 - a 8% decrease over the $549,000 median sale price for the same period of the previous year. There were 39 homes sold in Rockville in December 2017.

The median sales tax in Rockville for the most recent year with available data, 2016, was $6,949, approximately 1.4% of the median home sale price for December 2018.

The following table compares Rockville 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)
North Potomac121020%$692,500$615,00012.6%
Takoma Park136116.7%$635,000$474,50033.8%
Clarksburg812-33.3%$625,000$407,45053.4%
Garrett Park41300%$617,500$711,250-13.2%
Hillandale220%$507,500$458,20010.8%
Rockville3839-2.6%$505,000$549,000-8%
Derwood716-56.3%$497,000$480,0003.5%
Olney322528%$492,500$465,0005.9%
North Kensington14875%$482,500$549,950-12.3%
Silver Spring583756.8%$481,000$429,00012.1%
Poolesville6450%$462,500$410,00012.8%

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