In August 2018, there were 83 homes sold, with a median sale price of $540,000 - a 8% increase over the $499,990 median sale price for the same period of the previous year. There were 84 homes sold in Gaithersburg in August 2017.
The median sales tax in Gaithersburg for the most recent year with available data, 2016, was $5,166, approximately 1% of the median home sale price for August 2018.
The following table compares Gaithersburg to other Montgomery County cities with similar median sales prices in August 2018:
| City | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Bethesda | 37 | 32 | 15.6% | $710,000 | $737,000 | -3.7% |
| Poolesville | 7 | 7 | 0% | $625,000 | $425,000 | 47.1% |
| Laytonsville | 1 | 3 | -66.7% | $560,000 | $695,000 | -19.4% |
| Takoma Park | 14 | 11 | 27.3% | $547,500 | $560,000 | -2.2% |
| Rockville | 55 | 47 | 17% | $542,000 | $636,000 | -14.8% |
| Gaithersburg | 83 | 84 | -1.2% | $540,000 | $499,990 | 8% |
| Forest Glen | 6 | 7 | -14.3% | $535,000 | $504,000 | 6.2% |
| Silver Spring | 68 | 42 | 61.9% | $525,000 | $532,887.50 | -1.5% |
| Olney | 45 | 51 | -11.8% | $504,950 | $490,000 | 3.1% |
| Derwood | 22 | 15 | 46.7% | $502,250 | $475,000 | 5.7% |
| Hillandale | 3 | 0 | - | $500,000 | $0 | - |
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