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Monday, November 25, 2024

Burtonsville home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Burtonsville fell by $24,200 while total sales increased by 100%, according to BlockShopper.com.

In August 2018, there were 16 homes sold, with a median sale price of $335,750 - a 6.7% decrease over the $359,950 median sale price for the same period of the previous year. There were eight homes sold in Burtonsville in August 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 August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Damascus24240%$432,500$383,337.5012.8%
White Oak201353.8%$430,000$450,000-4.4%
Kemp Mill2912141.7%$427,000$407,5004.8%
Aspen Hill5559-6.8%$427,000$395,0008.1%
Calverton69-33.3%$404,500$390,0003.7%
Wheaton-Glenmont623767.6%$395,000$370,0006.8%
Germantown1257762.3%$380,000$362,0005%
Fairland189100%$344,950$350,000-1.4%
Burtonsville168100%$335,750$359,950-6.7%
Montgomery Village927227.8%$312,500$293,499.506.5%
Dickerson110%$230,000$200,00015%

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