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Montgomery News

Tuesday, December 24, 2024

Fairland home prices unchanged in 2018

Realestate4

The median sale price of a home sold in 2018 in Fairland was unchanged while total sales decreased by 6.9%, according to BlockShopper.com.

From January through December of 2018, there were 162 homes sold, with a median sale price of $335,000. There were 174 homes sold in Fairland in 2017, and the median sales price for the period was also $335,000.

The median sales tax in Fairland for the most recent year with available data, 2016, was $4,212, approximately 1.3% of the median home sale price for 2018.

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

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Kemp Mill152168-9.5%$439,000$410,0007.1%
Aspen Hill511522-2.1%$425,700$400,0006.4%
White Oak160184-13%$415,000$399,0004%
Calverton80800%$402,500$345,25016.6%
Boyds990%$390,000$400,000-2.5%
Damascus282309-8.7%$384,200$379,9001.1%
Wheaton-Glenmont542622-12.9%$380,000$360,0005.6%
Germantown1,0261,122-8.6%$360,000$329,4509.3%
Fairland162174-6.9%$335,000$335,0000%
Burtonsville12010217.6%$332,000$342,000-2.9%
Montgomery Village877882-0.6%$313,589$294,949.506.3%

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