Quantcast

Montgomery News

Thursday, November 28, 2024

Rising home prices in Montgomery Village in the third quarter of 2021

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in the third quarter of 2021 in Montgomery Village rose by $25,000 while total sales increased by 65.6%, according to BlockShopper.com.

From July through September of 2021, there were 356 homes sold, with a median sale price of $360,000 - a 7.5% increase over the $335,000 median sale price for the same period of the previous year. There were 215 homes sold in Montgomery Village in the third quarter of 2020.

The median sales tax in Montgomery Village for the most recent year with available data, 2020, was $3,206, approximately 0.9% of the median home sale price for the third quarter of 2021.

The following table compares Montgomery Village to other Montgomery County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Poolesville322623.1%$477,500$515,000-7.3%
Aspen Hill21614153.2%$470,000$430,0009.3%
Wheaton-Glenmont19812558.4%$462,500$415,00011.4%
Damascus1056952.2%$452,700$420,0007.8%
Calverton4019110.5%$421,375$370,00013.9%
Hillandale23-33.3%$410,000$610,000-32.8%
Montgomery Village35621565.6%$360,000$335,0007.5%
Germantown48929764.6%$360,000$355,0001.4%
Fairland725141.2%$351,450$382,000-8%
Friendship Village181338.5%$294,000$305,000-3.6%
Rossmoor704555.6%$237,500$235,0001.1%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS