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Thursday, December 26, 2024

Ashton-Sandy Spring home prices rise in 2018

Realestate5

The median sale price of a home sold in 2018 in Ashton-Sandy Spring rose by $25,000 while total sales increased by 22.7%, according to BlockShopper.com.

From January through December of 2018, there were 81 homes sold, with a median sale price of $585,000 - a 4.5% increase over the $560,000 median sale price for the previous year. There were 66 homes sold in Ashton-Sandy Spring in 2017.

The median sales tax in Ashton-Sandy Spring for the most recent year with available data, 2016, was $6,374, approximately 1.1% of the median home sale price for 2018.

The following table compares Ashton-Sandy Spring 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)
North Bethesda2952815%$712,000$695,0002.4%
North Potomac1851774.5%$685,000$690,000-0.7%
Rossmoor5366.7%$680,000$715,000-4.9%
Laytonsville493636.1%$632,000$638,450-1%
Garrett Park373023.3%$625,000$650,000-3.8%
Ashton-Sandy Spring816622.7%$585,000$560,0004.5%
Takoma Park142154-7.8%$567,500$527,5007.6%
Washington Grove7540%$545,000$400,00036.3%
Rockville548610-10.2%$537,250$530,0001.4%
Silver Spring615638-3.6%$525,000$489,2507.3%
Olney413442-6.6%$490,000$487,0000.6%

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