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Friday, November 15, 2024

Colesville home prices rise in January 2018

Re 13

The median sale price of a home sold in January 2018 in Colesville rose by $41,250 while total sales increased by 10%, according to BlockShopper.com.

In January 2018, there were 22 homes sold, with a median sale price of $452,500 - a 10% increase over the $411,250 median sale price for the same period of the previous year. There were 20 homes sold in Colesville in January 2017.

The median sales tax in Colesville for the most recent year with available data, 2016, was $5,084, approximately 1.1% of the median home sale price for January 2018.

The following table compares Colesville 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)
North Bethesda261844.4%$555,000$682,000-18.6%
Rockville3540-12.5%$538,000$449,00019.8%
Silver Spring5254-3.7%$494,500$525,000-5.8%
Forest Glen67-14.3%$470,000$427,7509.9%
Clarksburg251478.6%$459,000$391,25017.3%
Colesville222010%$452,500$411,25010%
Cloverly7475%$445,500$455,000-2.1%
Olney2041-51.2%$445,000$475,000-6.3%
North Kensington1620-20%$439,000$407,499.507.7%
Laytonsville61500%$427,500$625,000-31.6%
Kemp Mill1423-39.1%$423,500$399,9005.9%

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