Quantcast

Montgomery News

Tuesday, November 26, 2024

Falling home prices in Rockville in the fourth quarter of 2021

Re 9

The median sale price of a home sold in the fourth quarter of 2021 in Rockville fell by $11,000 while total sales increased by 16.6%, according to BlockShopper.com.

From October through December of 2021, there were 218 homes sold, with a median sale price of $530,000 - a 2% decrease over the $541,000 median sale price for the same period of the previous year. There were 187 homes sold in Rockville in the fourth quarter of 2020.

The median sales tax in Rockville for the most recent year with available data, 2020, was $6,455, approximately 1.2% of the median home sale price for the fourth quarter of 2021.

The following table compares Rockville 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)
Silver Spring2202114.3%$560,000$526,5006.4%
Cloverly362828.6%$556,500$524,0006.2%
Olney133139-4.3%$540,000$550,000-1.8%
White Oak61610%$535,000$460,00016.3%
North Kensington564524.4%$533,250$495,0007.7%
Rockville21818716.6%$530,000$541,000-2%
Poolesville23224.5%$495,000$519,950-4.8%
Aspen Hill20515829.7%$490,000$435,00012.6%
Gaithersburg34930912.9%$483,700$424,90013.8%
Forest Glen484311.6%$478,050$500,000-4.4%
Damascus9395-2.1%$478,000$430,00011.2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS