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Montgomery News

Wednesday, December 25, 2024

Hillandale home prices rise in December 2018

Re 13

The median sale price of a home sold in December 2018 in Hillandale rose by $49,300 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In December 2018, there were two homes sold, with a median sale price of $507,500 - a 10.8% increase over the $458,200 median sale price for the same period of the previous year. There were two homes sold in Hillandale in December 2017, as well.

The median sales tax in Hillandale for the most recent year with available data, 2016, was $4,903, approximately 1% of the median home sale price for December 2018.

The following table compares Hillandale 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)
South Kensington131030%$700,000$612,55014.3%
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%

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