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Monday, November 25, 2024

Aspen Hill home prices rise in August 2018

Realestate5

The median sale price of a home sold in August 2018 in Aspen Hill rose by $32,000 while total sales decreased by 6.8%, according to BlockShopper.com.

In August 2018, there were 55 homes sold, with a median sale price of $427,000 - a 8.1% increase over the $395,000 median sale price for the same period of the previous year. There were 59 homes sold in Aspen Hill in August 2017.

The median sales tax in Aspen Hill for the most recent year with available data, 2016, was $4,420, approximately 1% of the median home sale price for August 2018.

The following table compares Aspen Hill 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)
Clarksburg181250%$442,500$447,500-1.1%
North Kensington261752.9%$440,000$399,00010.3%
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%

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