From January through December of 2018, there were 282 homes sold, with a median sale price of $384,200 - a 1.1% increase over the $379,900 median sale price for the previous year. There were 309 homes sold in Damascus in 2017.
The median sales tax in Damascus for the most recent year with available data, 2016, was $4,157, approximately 1.1% of the median home sale price for 2018.
The following table compares Damascus to other Montgomery County cities with similar median sales prices in 2018:
City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Kemp Mill | 152 | 168 | -9.5% | $439,000 | $410,000 | 7.1% |
Aspen Hill | 511 | 522 | -2.1% | $425,700 | $400,000 | 6.4% |
White Oak | 160 | 184 | -13% | $415,000 | $399,000 | 4% |
Calverton | 80 | 80 | 0% | $402,500 | $345,250 | 16.6% |
Boyds | 9 | 9 | 0% | $390,000 | $400,000 | -2.5% |
Damascus | 282 | 309 | -8.7% | $384,200 | $379,900 | 1.1% |
Wheaton-Glenmont | 542 | 622 | -12.9% | $380,000 | $360,000 | 5.6% |
Germantown | 1,026 | 1,122 | -8.6% | $360,000 | $329,450 | 9.3% |
Fairland | 162 | 174 | -6.9% | $335,000 | $335,000 | 0% |
Burtonsville | 120 | 102 | 17.6% | $332,000 | $342,000 | -2.9% |
Montgomery Village | 877 | 882 | -0.6% | $313,589 | $294,949.50 | 6.3% |