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Saturday, November 16, 2024

Colesville home prices rise in November 2018

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The median sale price of a home sold in November 2018 in Colesville rose by $92,000 while total sales increased by 5.3%, according to BlockShopper.com.

In November 2018, there were 20 homes sold, with a median sale price of $507,000 - a 22.2% increase over the $415,000 median sale price for the same period of the previous year. There were 19 homes sold in Colesville in November 2017.

The median sales tax in Colesville for the most recent year with available data, 2016, was $5,084, approximately 1% of the median home sale price for November 2018.

The following table compares Colesville 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)
Takoma Park13862.5%$589,000$531,00010.9%
Rockville3743-14%$582,000$459,00026.8%
Forest Glen6450%$551,000$492,50011.9%
Silver Spring4146-10.9%$515,000$452,45013.8%
Ashton-Sandy Spring5425%$510,000$407,45025.2%
Colesville20195.3%$507,000$415,00022.2%
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%

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