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Saturday, November 16, 2024

Aspen Hill home prices rise in November 2018

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The median sale price of a home sold in November 2018 in Aspen Hill rose by $26,250 while total sales increased by 82.6%, according to BlockShopper.com.

In November 2018, there were 42 homes sold, with a median sale price of $424,250 - a 6.6% increase over the $398,000 median sale price for the same period of the previous year. There were 23 homes sold in Aspen Hill in November 2017.

The median sales tax in Aspen Hill for the most recent year with available data, 2016, was $4,420, approximately 1% of the median home sale price for November 2018.

The following table compares Aspen Hill 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)
Hillandale40-$496,700$0-
Olney332343.5%$470,000$490,000-4.1%
Gaithersburg4249-14.3%$464,950$429,9008.2%
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%

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