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Sunday, November 24, 2024

How did home prices perform in Montgomery Village during August 2021?

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The median sale price of a home sold in August 2021 in Montgomery Village rose by $41,000 while total sales increased by 52.9%, according to BlockShopper.com.

In August 2021, there were 130 homes sold, with a median sale price of $377,000 - a 12.2% increase over the $336,000 median sale price for the same period of the previous year. There were 85 homes sold in Montgomery Village in August 2020.

The median sales tax in Montgomery Village for the most recent year with available data, 2020, was $3,206, approximately 0.9% of the median home sale price for August 2021.

The following table compares Montgomery Village to other Montgomery County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Poolesville165220%$492,500$462,5006.5%
Wheaton-Glenmont664450%$466,500$421,50010.7%
Dickerson21100%$463,500$287,00061.5%
Gaithersburg1037439.2%$460,000$495,000-7.1%
Hillandale12-50%$420,000$700,000-40%
Burtonsville184350%$408,000$432,500-5.7%
Calverton8633.3%$406,375$389,9504.2%
Germantown16910659.4%$380,000$332,50014.3%
Montgomery Village1308552.9%$377,000$336,00012.2%
Fairland2129-27.6%$360,000$352,0002.3%
Rossmoor191258.3%$330,000$230,00043.5%

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