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Sunday, November 24, 2024

August 2021: Home prices in Rockville increased

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The median sale price of a home sold in August 2021 in Rockville rose by $110,000 while total sales increased by 23.3%, according to BlockShopper.com.

In August 2021, there were 53 homes sold, with a median sale price of $650,000 - a 20.4% increase over the $540,000 median sale price for the same period of the previous year. There were 43 homes sold in Rockville in August 2020.

The median sales tax in Rockville for the most recent year with available data, 2020, was $6,455, approximately 1% of the median home sale price for August 2021.

The following table compares Rockville 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)
North Potomac25244.2%$883,000$775,00013.9%
Garrett Park220%$877,500$513,75070.8%
Laytonsville72250%$765,000$728,2505%
Takoma Park171421.4%$750,000$554,75035.2%
South Kensington156150%$710,000$872,500-18.6%
Rockville534323.3%$650,000$540,00020.4%
Friendship Village5366.7%$619,000$419,90047.4%
Clarksburg191711.8%$615,000$579,0006.2%
Cloverly146133.3%$612,500$497,50023.1%
Ashton-Sandy Spring104150%$605,000$650,150-6.9%
Colesville272035%$603,026$495,00021.8%

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