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Monday, November 25, 2024

Rockville home prices fall in September 2018

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The median sale price of a home sold in September 2018 in Rockville fell by $10,100 while total sales decreased by 35.6%, according to BlockShopper.com.

In September 2018, there were 47 homes sold, with a median sale price of $549,900 - a 1.8% decrease over the $560,000 median sale price for the same period of the previous year. There were 73 homes sold in Rockville in September 2017.

The median sales tax in Rockville for the most recent year with available data, 2016, was $6,949, approximately 1.3% of the median home sale price for September 2018.

The following table compares Rockville 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)
Garrett Park31200%$656,000$681,000-3.7%
Darnestown8714.3%$653,500$785,000-16.8%
North Potomac17170%$645,000$639,9000.8%
Laytonsville3250%$632,000$807,500-21.7%
Silver Spring3768-45.6%$550,000$468,00017.5%
Rockville4773-35.6%$549,900$560,000-1.8%
Takoma Park1421-33.3%$547,500$565,000-3.1%
Olney3252-38.5%$539,000$484,50011.2%
Forest Glen611-45.5%$517,500$450,00015%
Kemp Mill1318-27.8%$501,000$412,50021.5%
Clarksburg1534-55.9%$475,000$539,950-12%

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