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Friday, November 29, 2024

The first quarter of 2021: Rossmoor experienced a 3.6% increase in median home prices

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The median sale price of a home sold in the first quarter of 2021 in Rossmoor rose by $8,000 while total sales decreased by 9.6%, according to BlockShopper.com.

From January through March of 2021, there were 47 homes sold, with a median sale price of $228,000 - a 3.6% increase over the $220,000 median sale price for the same period of the previous year. There were 52 homes sold in Rossmoor in the first quarter of 2020.

The median sales tax in Rossmoor for the most recent year with available data, 2020, was $2,138, approximately 0.9% of the median home sale price for the first quarter of 2021.

The following table compares Rossmoor to other Montgomery County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Wheaton-Glenmont121132-8.3%$425,000$384,00010.7%
North Bethesda1661566.4%$410,000$431,250-4.9%
Damascus706016.7%$404,750$377,5007.2%
Friendship Village1422-36.4%$389,500$462,000-15.7%
Burtonsville261936.8%$361,050$339,9006.2%
Poolesville1824-25%$357,500$330,201.508.3%
Calverton23230%$350,000$364,600-4%
Germantown3363330.9%$340,000$305,00011.5%
Montgomery Village242251-3.6%$320,000$292,0009.6%
Fairland49474.3%$304,000$320,000-5%
Rossmoor4752-9.6%$228,000$220,0003.6%

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