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Sunday, November 17, 2024

Rockville home prices fall in October 2018

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The median sale price of a home sold in October 2018 in Rockville fell by $13,750 while total sales decreased by 18.3%, according to BlockShopper.com.

In October 2018, there were 49 homes sold, with a median sale price of $465,000 - a 2.9% decrease over the $478,750 median sale price for the same period of the previous year. There were 60 homes sold in Rockville in October 2017.

The median sales tax in Rockville for the most recent year with available data, 2016, was $6,949, approximately 1.5% of the median home sale price for October 2018.

The following table compares Rockville 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)
Derwood221637.5%$502,250$482,5004.1%
Silver Spring594531.1%$490,000$490,0000%
Gaithersburg635710.5%$480,000$457,5004.9%
Colesville1618-11.1%$477,500$435,5009.6%
Cloverly810-20%$469,200$422,50011.1%
Rockville4960-18.3%$465,000$478,750-2.9%
Kemp Mill201442.9%$446,500$417,2507%
Aspen Hill45419.8%$440,000$430,0002.3%
North Kensington1719-10.5%$440,000$429,0002.6%
Poolesville912-25%$437,805$373,00017.4%
Clarksburg1012-16.7%$436,500$510,224.50-14.4%

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