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Friday, November 15, 2024

Cloverly home prices fall in November 2018

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The median sale price of a home sold in November 2018 in Cloverly fell by $27,500 while total sales decreased by 72.7%, according to BlockShopper.com.

In November 2018, there were three homes sold, with a median sale price of $410,000 - a 6.3% decrease over the $437,500 median sale price for the same period of the previous year. There were 11 homes sold in Cloverly in November 2017.

The median sales tax in Cloverly for the most recent year with available data, 2016, was $4,664, approximately 1.1% of the median home sale price for November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Clarksburg141216.7%$439,000$411,0006.8%
Kemp Mill89-11.1%$434,950$430,0001.2%
Aspen Hill422382.6%$424,250$398,0006.6%
Calverton35-40%$420,000$330,00027.3%
Derwood11757.1%$410,000$419,501-2.3%
Cloverly311-72.7%$410,000$437,500-6.3%
White Oak10100%$400,000$400,500-0.1%
Poolesville6520%$394,000$492,000-19.9%
North Kensington171513.3%$375,000$352,0006.5%
Damascus1622-27.3%$370,950$384,950-3.6%
Germantown5369-23.2%$369,900$320,00015.6%

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