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Montgomery News

Thursday, November 28, 2024

Rising home prices in Cloverly in September 2021

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The median sale price of a home sold in September 2021 in Cloverly rose by $47,500 while total sales remained unchanged with 10 homes sold, according to BlockShopper.com.

In September 2021, there were 10 homes sold, with a median sale price of $565,000 - a 9.2% increase over the $517,500 median sale price for the same period of the previous year. There were 10 homes sold in Cloverly in September 2020, as well.

The median sales tax in Cloverly for the most recent year with available data, 2020, was $4,907, approximately 0.9% of the median home sale price for September 2021.

The following table compares Cloverly 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)
Colesville221915.8%$700,000$535,00030.8%
Brookeville34-25%$680,000$707,500-3.9%
Olney3142-26.2%$640,000$511,00025.2%
Kemp Mill141127.3%$605,000$484,90024.8%
Silver Spring644639.1%$577,500$491,25017.6%
Cloverly10100%$565,000$517,5009.2%
Derwood181338.5%$562,500$525,0007.1%
Poolesville12120%$560,455.50$603,750-7.2%
Rockville614535.6%$555,000$490,00013.3%
Ashton-Sandy Spring9728.6%$550,000$482,50014%
White Oak222010%$550,000$485,00013.4%

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