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Montgomery News

Thursday, November 28, 2024

Home prices increased in Gaithersburg during September 2021

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The median sale price of a home sold in September 2021 in Gaithersburg rose by $73,500 while total sales increased by 6%, according to BlockShopper.com.

In September 2021, there were 89 homes sold, with a median sale price of $477,000 - a 18.2% increase over the $403,500 median sale price for the same period of the previous year. There were 84 homes sold in Gaithersburg in September 2020.

The median sales tax in Gaithersburg for the most recent year with available data, 2020, was $4,750, approximately 1% of the median home sale price for September 2021.

The following table compares Gaithersburg 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)
Takoma Park131118.2%$525,000$646,000-18.7%
Forest Glen157114.3%$525,000$540,000-2.8%
North Kensington262123.8%$521,500$585,000-10.9%
Clarksburg23224.5%$520,000$523,500-0.7%
North Bethesda786225.8%$485,000$450,0007.8%
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%

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