Quantcast

Montgomery News

Wednesday, August 6, 2025

Damascus home prices rise in May 2018

Webp re 6

The median sale price of a home sold in May 2018 in Damascus rose by $41,500 while total sales decreased by 4.2%, according to BlockShopper.com.

In May 2018, there were 23 homes sold, with a median sale price of $415,000 - a 11.1% increase over the $373,500 median sale price for the same period of the previous year. There were 24 homes sold in Damascus in May 2017.

The median sales tax in Damascus for the most recent year with available data, 2016, was $4,157, approximately 1% of the median home sale price for May 2018.

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

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
North Kensington16160%$445,750$492,500-9.5%
Forest Glen104150%$437,500$539,500-18.9%
Cloverly710-30%$431,000$412,9254.4%
Calverton512-58.3%$420,000$366,50014.6%
Burtonsville111010%$420,000$340,66423.3%
Damascus2324-4.2%$415,000$373,50011.1%
White Oak161414.3%$415,000$358,25015.8%
Wheaton-Glenmont4851-5.9%$379,000$356,0006.5%
Germantown1091071.9%$355,000$349,9001.5%
Fairland1316-18.8%$355,000$306,50015.8%
Montgomery Village81783.8%$329,900$299,50010.2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS