From January through March of 2021, there were 70 homes sold, with a median sale price of $404,750 - a 7.2% increase over the $377,500 median sale price for the same period of the previous year. There were 60 homes sold in Damascus in the first quarter of 2020.
The median sales tax in Damascus for the most recent year with available data, 2020, was $4,395, approximately 1.1% of the median home sale price for the first quarter of 2021.
The following table compares Damascus to other Montgomery County cities with similar median sale prices in the first quarter of 2021:
| City | Jan. - Mar. 2021 Home Sales | Jan. - Mar. 2020 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2021 Median Sales Price | Jan. - Mar. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Gaithersburg | 224 | 198 | 13.1% | $454,000 | $405,277.50 | 12% |
| Forest Glen | 28 | 19 | 47.4% | $448,750 | $500,000 | -10.3% |
| Aspen Hill | 131 | 130 | 0.8% | $436,000 | $387,500 | 12.5% |
| Wheaton-Glenmont | 121 | 132 | -8.3% | $425,000 | $384,000 | 10.7% |
| North Bethesda | 166 | 156 | 6.4% | $410,000 | $431,250 | -4.9% |
| Damascus | 70 | 60 | 16.7% | $404,750 | $377,500 | 7.2% |
| Friendship Village | 14 | 22 | -36.4% | $389,500 | $462,000 | -15.7% |
| Burtonsville | 26 | 19 | 36.8% | $361,050 | $339,900 | 6.2% |
| Poolesville | 18 | 24 | -25% | $357,500 | $330,201.50 | 8.3% |
| Calverton | 23 | 23 | 0% | $350,000 | $364,600 | -4% |
| Germantown | 336 | 333 | 0.9% | $340,000 | $305,000 | 11.5% |
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