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Tuesday, November 26, 2024

How did home prices perform in Wheaton-Glenmont during the fourth quarter of 2021?

Re 8

The median sale price of a home sold in the fourth quarter of 2021 in Wheaton-Glenmont rose by $19,000 while total sales increased by 39.9%, according to BlockShopper.com.

From October through December of 2021, there were 200 homes sold, with a median sale price of $459,000 - a 4.3% increase over the $440,000 median sale price for the same period of the previous year. There were 143 homes sold in Wheaton-Glenmont in the fourth quarter of 2020.

The median sales tax in Wheaton-Glenmont for the most recent year with available data, 2020, was $4,141, approximately 0.9% of the median home sale price for the fourth quarter of 2021.

The following table compares Wheaton-Glenmont to other Montgomery County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Gaithersburg34930912.9%$483,700$424,90013.8%
Forest Glen484311.6%$478,050$500,000-4.4%
Damascus9395-2.1%$478,000$430,00011.2%
North Bethesda22819218.8%$477,000$493,000-3.2%
Burtonsville27270%$460,000$440,0004.5%
Wheaton-Glenmont20014339.9%$459,000$440,0004.3%
Friendship Village241650%$456,750$392,45016.4%
Calverton403417.6%$427,750$422,5001.2%
Fairland867022.9%$363,500$321,00013.2%
Germantown49743015.6%$350,000$341,0002.6%
Montgomery Village38231222.4%$340,000$320,0006.3%

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