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Monday, December 23, 2024

Derwood home prices unchanged in 2018

Realestate077

The median sale price of a home sold in 2018 in Derwood was unchanged while total sales decreased by 6.2%, according to BlockShopper.com.

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:

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)
Olney413442-6.6%$490,000$487,0000.6%
Forest Glen897814.1%$490,000$460,0006.5%
Gaithersburg714755-5.4%$482,750$450,0007.3%
Brinklow68-25%$480,435$597,500-19.6%
Colesville242292-17.1%$468,000$447,2504.6%
Derwood197210-6.2%$460,000$460,0000%
Hillandale16156.7%$454,950$449,0001.3%
Clarksburg179194-7.7%$448,000$450,775-0.6%
Cloverly1119516.8%$445,500$435,0002.4%
Poolesville9195-4.2%$445,000$400,00011.3%
North Kensington204212-3.8%$445,000$425,0004.7%

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