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Friday, November 29, 2024

How did home prices perform in Gaithersburg during March 2021?

Realestate077

The median sale price of a home sold in March 2021 in Gaithersburg rose by $52,000 while total sales increased by 6.3%, according to BlockShopper.com.

In March 2021, there were 67 homes sold, with a median sale price of $452,000 - a 13% increase over the $400,000 median sale price for the same period of the previous year. There were 63 homes sold in Gaithersburg in March 2020.

The median sales tax in Gaithersburg for the most recent year with available data, 2020, was $4,750, approximately 1.1% of the median home sale price for March 2021.

The following table compares Gaithersburg 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)
Friendship Village6520%$502,000$485,0003.5%
North Kensington10911.1%$486,000$439,00010.7%
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%

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