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Friday, November 29, 2024

The first quarter of 2021: Ashton-Sandy Spring experienced a 69.9% increase in median home prices

Realestate1

The median sale price of a home sold in the first quarter of 2021 in Ashton-Sandy Spring rose by $311,750 while total sales increased by 80%, according to BlockShopper.com.

From January through March of 2021, there were 18 homes sold, with a median sale price of $757,500 - a 69.9% increase over the $445,750 median sale price for the same period of the previous year. There were 10 homes sold in Ashton-Sandy Spring in the first quarter of 2020.

The median sales tax in Ashton-Sandy Spring for the most recent year with available data, 2020, was $6,439, approximately 0.9% of the median home sale price for the first quarter of 2021.

The following table compares Ashton-Sandy Spring 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)
Potomac16614018.6%$1,005,000$877,00014.6%
Bethesda24818534.1%$993,750$940,0005.7%
Darnestown2125-16%$825,000$760,0008.6%
South Kensington3338-13.2%$825,000$728,50013.2%
Laytonsville58-37.5%$770,000$463,00066.3%
Ashton-Sandy Spring181080%$757,500$445,75069.9%
Brookeville37-57.1%$750,000$521,00044%
Garrett Park990%$710,000$684,9503.7%
Hillandale45-20%$662,500$423,00056.6%
North Potomac363116.1%$650,000$649,9000%
Takoma Park462584%$625,000$475,00031.6%

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