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Friday, November 29, 2024

Pricing for the median home in Germantown decreased during March 2021

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The median sale price of a home sold in March 2021 in Germantown fell by $2,450 while total sales decreased by 1.1%, according to BlockShopper.com.

In March 2021, there were 91 homes sold, with a median sale price of $290,000 - a 0.8% decrease over the $292,450 median sale price for the same period of the previous year. There were 92 homes sold in Germantown in March 2020.

The median sales tax in Germantown for the most recent year with available data, 2020, was $3,515, approximately 1.2% of the median home sale price for March 2021.

The following table compares Germantown to other Montgomery County cities with similar median sale prices in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Wheaton-Glenmont3445-24.4%$425,500$374,90013.5%
Aspen Hill38380%$422,250$402,0005%
North Bethesda3950-22%$397,000$469,850-15.5%
Calverton8714.3%$382,000$361,2005.8%
Fairland1317-23.5%$335,000$330,0001.5%
Montgomery Village7184-15.5%$325,000$275,00018.2%
Germantown9192-1.1%$290,000$292,450-0.8%
Damascus1118-38.9%$280,650$363,000-22.7%
Poolesville612-50%$274,000$380,201.50-27.9%
Dickerson21100%$228,000$27,500729.1%
Rossmoor1417-17.6%$210,000$280,000-25%

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