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Montgomery News

Wednesday, November 27, 2024

Median home prices in Cloverly rose to $553,000 in November 2021

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The median sale price of a home sold in November 2021 in Cloverly rose by $4,750 while total sales increased by 183.3%, according to BlockShopper.com.

In November 2021, there were 17 homes sold, with a median sale price of $553,000 - a 0.9% increase over the $548,250 median sale price for the same period of the previous year. There were six homes sold in Cloverly in November 2020.

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 November 2021.

The following table compares Cloverly 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)
Hillandale20-$582,750$0-
Clarksburg1924-20.8%$575,000$603,000-4.6%
Kemp Mill218162.5%$573,000$530,0008.1%
Silver Spring746317.5%$560,750$517,2008.4%
Derwood311693.8%$560,000$447,67525.1%
Cloverly176183.3%$553,000$548,2500.9%
Olney3940-2.5%$550,000$598,500-8.1%
White Oak191435.7%$537,000$462,50016.1%
Laytonsville42100%$534,500$617,500-13.4%
Gaithersburg1108332.5%$513,000.50$425,00020.7%
Calverton151225%$505,000$445,00013.5%

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