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Montgomery News

Thursday, November 28, 2024

Falling home prices in Friendship Village in September 2021

Re 9

The median sale price of a home sold in September 2021 in Friendship Village fell by $64,000 while total sales decreased by 11.1%, according to BlockShopper.com.

In September 2021, there were eight homes sold, with a median sale price of $241,000 - a 21% decrease over the $305,000 median sale price for the same period of the previous year. There were nine homes sold in Friendship Village in September 2020.

The median sales tax in Friendship Village for the most recent year with available data, 2020, was $2,877, approximately 1.2% of the median home sale price for September 2021.

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

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Gaithersburg89846%$477,000$403,50018.2%
Aspen Hill714751.1%$460,000$430,0007%
Wheaton-Glenmont653775.7%$455,000$408,40011.4%
Calverton12850%$450,000$371,00021.3%
Damascus25250%$449,900$416,0008.1%
Hillandale110%$400,000$610,000-34.4%
Montgomery Village1116668.2%$362,500$317,00014.4%
Germantown15911143.2%$362,000$385,500-6.1%
Fairland241471.4%$338,500$411,000-17.6%
Friendship Village89-11.1%$241,000$305,000-21%
Rossmoor20195.3%$225,000$190,00018.4%

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