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Tuesday, November 26, 2024

Hillandale median home prices rose by 34.2% in the fourth quarter of 2021

Realestate2

The median sale price of a home sold in the fourth quarter of 2021 in Hillandale rose by $162,500 while total sales increased by 100%, according to BlockShopper.com.

From October through December of 2021, there were six homes sold, with a median sale price of $637,500 - a 34.2% increase over the $475,000 median sale price for the same period of the previous year. There were three homes sold in Hillandale in the fourth quarter of 2020.

The median sales tax in Hillandale for the most recent year with available data, 2020, was $5,132, approximately 0.8% of the median home sale price for the fourth quarter of 2021.

The following table compares Hillandale 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)
Garrett Park911-18.2%$750,000$715,0004.9%
Laytonsville141127.3%$737,500$765,000-3.6%
Takoma Park4346-6.5%$700,000$573,25022.1%
Cabin John34-25%$665,000$823,500-19.2%
Brinklow23-33.3%$657,650$630,0004.4%
Hillandale63100%$637,500$475,00034.2%
Ashton-Sandy Spring1316-18.8%$612,000$680,000-10%
Colesville79790%$590,000$530,00011.3%
Clarksburg58571.8%$575,000$558,0003%
Kemp Mill522979.3%$562,500$525,5007%
Derwood735435.2%$560,000$550,750.501.7%

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