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Montgomery News

Wednesday, November 27, 2024

November 2021: Home prices in Fairland fell

Realestate2

The median sale price of a home sold in November 2021 in Fairland fell by $15,500 while total sales increased by 40.9%, according to BlockShopper.com.

In November 2021, there were 31 homes sold, with a median sale price of $391,000 - a 3.8% decrease over the $406,500 median sale price for the same period of the previous year. There were 22 homes sold in Fairland in November 2020.

The median sales tax in Fairland for the most recent year with available data, 2020, was $3,377, approximately 0.9% of the median home sale price for November 2021.

The following table compares Fairland to other Montgomery County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Damascus35329.4%$485,000$451,5007.4%
Forest Glen17988.9%$480,000$390,50022.9%
Burtonsville811-27.3%$467,500$450,0003.9%
Ashton-Sandy Spring56-16.7%$463,000$679,500-31.9%
Wheaton-Glenmont603762.2%$462,500$430,0007.6%
North Bethesda715724.6%$460,000$477,500-3.7%
Fairland312240.9%$391,000$406,500-3.8%
Montgomery Village1249629.2%$351,000$308,50013.8%
Germantown16112232%$351,000$345,0001.7%
Friendship Village115120%$345,000$325,0006.2%
Rossmoor1719-10.5%$195,000$229,000-14.8%

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