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Montgomery News

Tuesday, May 21, 2024

Laytonsville home prices fall in March 2018

Realestate5

The median sale price of a home sold in March 2018 in Laytonsville fell by $190,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In March 2018, there were three homes sold, with a median sale price of $500,000 - a 27.5% decrease over the $690,000 median sale price for the same period of the previous year. There were three homes sold in Laytonsville in March 2017, as well.

The median sales tax in Laytonsville for the most recent year with available data, 2016, was $7,014, approximately 1.4% of the median home sale price for March 2018.

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

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
South Kensington1014-28.6%$610,000$712,500-14.4%
North Potomac1011-9.1%$607,450$705,000-13.8%
Silver Spring3448-29.2%$535,450$462,00015.9%
Ashton-Sandy Spring23-33.3%$531,500$469,90013.1%
Takoma Park11922.2%$508,100$352,50044.1%
Laytonsville330%$500,000$690,000-27.5%
Darnestown5425%$499,000$812,500-38.6%
Rockville3941-4.9%$490,000$460,0006.5%
Forest Glen89-11.1%$482,450$440,0009.6%
Clarksburg121020%$475,000$462,4952.7%
Olney2433-27.3%$463,500$470,000-1.4%

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