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Sunday, November 17, 2024

Burtonsville home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Burtonsville fell by $5,000 while total sales decreased by 37.5%, according to BlockShopper.com.

In October 2020, there were five homes sold, with a median sale price of $335,000 - a 1.5% decrease over the $340,000 median sale price for the same period of the previous year. There were eight homes sold in Burtonsville in October 2019.

The median sales tax in Burtonsville for 2020 was $4,198. In 2019, the median sales tax was $4,132. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.

The following table compares Burtonsville to other Montgomery County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Calverton9812.5%$444,500$410,0008.4%
Aspen Hill553557.1%$435,000$437,000-0.5%
Damascus332437.5%$430,000$378,00013.8%
Wheaton-Glenmont4049-18.4%$419,750$404,0003.9%
Gaithersburg9747106.4%$415,000$515,000-19.4%
Brinklow10-$400,000$0-
Germantown1338556.5%$346,000$355,000-2.5%
Burtonsville58-37.5%$335,000$340,000-1.5%
Montgomery Village947820.5%$319,950$318,5000.5%
Fairland271758.8%$310,000$397,000-21.9%
Rossmoor90-$193,000$0-

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