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Monday, November 25, 2024

Ashton-Sandy Spring home prices rise in September 2018

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The median sale price of a home sold in September 2018 in Ashton-Sandy Spring rose by $128,501 while total sales increased by 225%, according to BlockShopper.com.

In September 2018, there were 13 homes sold, with a median sale price of $701,001 - a 22.4% increase over the $572,500 median sale price for the same period of the previous year. There were four homes sold in Ashton-Sandy Spring in September 2017.

The median sales tax in Ashton-Sandy Spring for the most recent year with available data, 2016, was $6,374, approximately 0.9% of the median home sale price for September 2018.

The following table compares Ashton-Sandy Spring 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)
Chevy Chase1922-13.6%$995,000$1,322,500-24.8%
Potomac4768-30.9%$975,000$889,7599.6%
Cabin John24-50%$934,750$1,297,500-28%
North Bethesda2930-3.3%$760,000$663,75014.5%
South Kensington141127.3%$753,500$650,00015.9%
Ashton-Sandy Spring134225%$701,001$572,50022.4%
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%

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