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Sunday, November 17, 2024

Burtonsville home prices fall in October 2018

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The median sale price of a home sold in October 2018 in Burtonsville fell by $19,050 while total sales decreased by 40%, according to BlockShopper.com.

In October 2018, there were six homes sold, with a median sale price of $345,450 - a 5.2% decrease over the $364,500 median sale price for the same period of the previous year. There were 10 homes sold in Burtonsville in October 2017.

The median sales tax in Burtonsville for the most recent year with available data, 2016, was $4,083, approximately 1.2% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Hillandale110%$430,000$354,00021.5%
Forest Glen550%$420,000$480,000-12.5%
White Oak11110%$408,000$385,0006%
Wheaton-Glenmont49458.9%$400,670$366,5009.3%
Damascus2328-17.9%$393,000$396,450-0.9%
Calverton10742.9%$388,750$345,00012.7%
Boyds21100%$367,500$845,000-56.5%
Fairland1011-9.1%$361,500$325,00011.2%
Burtonsville610-40%$345,450$364,500-5.2%
Germantown1039310.8%$341,000$340,0000.3%
Montgomery Village1188440.5%$320,000$284,00012.7%

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