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Thursday, November 28, 2024

Hillandale median home prices fell by 32.8% in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Hillandale fell by $200,000 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through September of 2021, there were two homes sold, with a median sale price of $410,000 - a 32.8% decrease over the $610,000 median sale price for the same period of the previous year. There were three homes sold in Hillandale in the third quarter of 2020.

The median sales tax in Hillandale for the most recent year with available data, 2020, was $5,132, approximately 1.3% of the median home sale price for the third quarter of 2021.

The following table compares Hillandale 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%

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