In February 2018, there were 42 homes sold, with a median sale price of $284,500 - a 3.1% decrease over the $293,627 median sale price for the same period of the previous year. There were 99 homes sold in Montgomery Village in February 2017.
The median sales tax in Montgomery Village for the most recent year with available data, 2016, was $3,117, approximately 1.1% of the median home sale price for February 2018.
The following table compares Montgomery Village to other Montgomery County cities with similar median sales prices in February 2018:
City | Feb. 2018 Home Sales | Feb. 2017 Home Sales | % change (Total Home Sales) | Feb. 2018 Median Sales Price | Feb. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Gaithersburg | 33 | 49 | -32.7% | $400,000 | $410,100 | -2.5% |
Aspen Hill | 35 | 38 | -7.9% | $398,000 | $378,500 | 5.2% |
Derwood | 18 | 18 | 0% | $379,950 | $437,000 | -13.1% |
Wheaton-Glenmont | 37 | 61 | -39.3% | $375,000 | $340,000 | 10.3% |
Poolesville | 6 | 6 | 0% | $375,000 | $384,900 | -2.6% |
Fairland | 9 | 18 | -50% | $340,000 | $375,000 | -9.3% |
Burtonsville | 7 | 11 | -36.4% | $335,000 | $317,400 | 5.5% |
Germantown | 63 | 104 | -39.4% | $332,000 | $299,950 | 10.7% |
Damascus | 26 | 33 | -21.2% | $330,150 | $378,000 | -12.7% |
Calverton | 8 | 7 | 14.3% | $306,725 | $340,000 | -9.8% |
Montgomery Village | 42 | 99 | -57.6% | $284,500 | $293,627 | -3.1% |