From January through December of 2018, there were 197 homes sold, with a median sale price of $460,000. There were 210 homes sold in Derwood in 2017, and the median sales price for the period was also $460,000.
The median sales tax in Derwood for the most recent year with available data, 2016, was $4,947, approximately 1.1% of the median home sale price for 2018.
The following table compares Derwood 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) |
---|---|---|---|---|---|---|
Olney | 413 | 442 | -6.6% | $490,000 | $487,000 | 0.6% |
Forest Glen | 89 | 78 | 14.1% | $490,000 | $460,000 | 6.5% |
Gaithersburg | 714 | 755 | -5.4% | $482,750 | $450,000 | 7.3% |
Brinklow | 6 | 8 | -25% | $480,435 | $597,500 | -19.6% |
Colesville | 242 | 292 | -17.1% | $468,000 | $447,250 | 4.6% |
Derwood | 197 | 210 | -6.2% | $460,000 | $460,000 | 0% |
Hillandale | 16 | 15 | 6.7% | $454,950 | $449,000 | 1.3% |
Clarksburg | 179 | 194 | -7.7% | $448,000 | $450,775 | -0.6% |
Cloverly | 111 | 95 | 16.8% | $445,500 | $435,000 | 2.4% |
Poolesville | 91 | 95 | -4.2% | $445,000 | $400,000 | 11.3% |
North Kensington | 204 | 212 | -3.8% | $445,000 | $425,000 | 4.7% |