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Thursday, November 28, 2024

Pricing for the median home in Colesville increased during September 2021

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The median sale price of a home sold in September 2021 in Colesville rose by $165,000 while total sales increased by 15.8%, according to BlockShopper.com.

In September 2021, there were 22 homes sold, with a median sale price of $700,000 - a 30.8% increase over the $535,000 median sale price for the same period of the previous year. There were 19 homes sold in Colesville in September 2020.

The median sales tax in Colesville for the most recent year with available data, 2020, was $5,251, approximately 0.8% of the median home sale price for September 2021.

The following table compares Colesville 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)
Washington Grove10-$899,900$0-
Darnestown82300%$887,000$970,000-8.6%
Dickerson20-$887,000$0-
South Kensington12120%$863,500$650,50032.7%
North Potomac251566.7%$830,000$790,0005.1%
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%

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