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Friday, November 15, 2024

Montgomery Village home prices rise in January 2018

Realestate2

The median sale price of a home sold in January 2018 in Montgomery Village rose by $12,900 while total sales decreased by 15.7%, according to BlockShopper.com.

In January 2018, there were 59 homes sold, with a median sale price of $299,900 - a 4.5% increase over the $287,000 median sale price for the same period of the previous year. There were 70 homes sold in Montgomery Village in January 2017.

The median sales tax in Montgomery Village for the most recent year with available data, 2016, was $3,117, approximately 1% of the median home sale price for January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Gaithersburg4374-41.9%$390,000$424,850-8.2%
Damascus281855.6%$383,000$347,45010.2%
Wheaton-Glenmont5058-13.8%$350,000$350,0000%
Poolesville79-22.2%$350,000$400,000-12.5%
Calverton83166.7%$325,500$329,950-1.3%
Brinklow31200%$310,870$449,400-30.8%
Germantown75115-34.8%$300,000$338,750-11.4%
Montgomery Village5970-15.7%$299,900$287,0004.5%
Burtonsville126100%$299,000$286,2504.5%
Fairland2223-4.3%$288,000$280,0002.9%
Dickerson23-33.3%$227,450$242,000-6%

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