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Monday, November 25, 2024

Montgomery Village home prices rise in September 2018

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The median sale price of a home sold in September 2018 in Montgomery Village rose by $17,500 while total sales decreased by 12.1%, according to BlockShopper.com.

In September 2018, there were 94 homes sold, with a median sale price of $320,000 - a 5.8% increase over the $302,500 median sale price for the same period of the previous year. There were 107 homes sold in Montgomery Village in September 2017.

The median sales tax in Montgomery Village for the most recent year with available data, 2016, was $3,117, approximately 1% of the median home sale price for September 2018.

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

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Colesville2536-30.6%$426,000$485,000-12.2%
White Oak1420-30%$420,000$418,5000.4%
Calverton1111000%$405,000$381,0006.3%
Poolesville13130%$402,500$468,000-14%
Wheaton-Glenmont4672-36.1%$393,500$355,75010.6%
Washington Grove10-$387,000$0-
Damascus3133-6.1%$364,000$386,000-5.7%
Germantown102138-26.1%$347,791$322,5007.8%
Burtonsville16977.8%$330,750$373,000-11.3%
Fairland1719-10.5%$325,000$364,000-10.7%
Montgomery Village94107-12.1%$320,000$302,5005.8%

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