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Montgomery News

Tuesday, November 26, 2024

Colesville home prices rose in December 2021

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The median sale price of a home sold in December 2021 in Colesville rose by $63,000 while total sales decreased by 8%, according to BlockShopper.com.

In December 2021, there were 23 homes sold, with a median sale price of $578,000 - a 12.2% increase over the $515,000 median sale price for the same period of the previous year. There were 25 homes sold in Colesville in December 2020.

The median sales tax in Colesville for the most recent year with available data, 2020, was $5,251, approximately 0.9% of the median home sale price for December 2021.

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

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Hillandale41300%$687,500$235,000192.6%
Boyds30-$680,207$0-
South Kensington913-30.8%$675,000$787,500-14.3%
Cloverly69-33.3%$585,000$510,00014.7%
Rockville634928.6%$585,000$557,0005%
Colesville2325-8%$578,000$515,00012.2%
North Kensington151315.4%$555,000$483,00014.9%
White Oak19185.6%$550,000$450,28822.1%
Silver Spring6077-22.1%$545,000$557,777-2.3%
Derwood151315.4%$545,000$565,000-3.5%
Clarksburg1821-14.3%$541,000$500,0008.2%

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