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Montgomery News

Thursday, November 28, 2024

Rising home prices in Aspen Hill in March 2021

Re 12

The median sale price of a home sold in March 2021 in Aspen Hill rose by $20,250 while total sales remained unchanged with 38 homes sold, according to BlockShopper.com.

In March 2021, there were 38 homes sold, with a median sale price of $422,250 - a 5% increase over the $402,000 median sale price for the same period of the previous year. There were 38 homes sold in Aspen Hill in March 2020, as well.

The median sales tax in Aspen Hill for the most recent year with available data, 2020, was $4,567, approximately 1.1% of the median home sale price for March 2021.

The following table compares Aspen Hill 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)
Rockville4156-26.8%$480,000$497,000-3.4%
Clarksburg1012-16.7%$472,500$462,4502.2%
White Oak121020%$452,500$411,25010%
Gaithersburg67636.3%$452,000$400,00013%
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%

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