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Tuesday, November 26, 2024

Pricing for the median home in Friendship Village increased during 2021

Realestate5

The median sale price of a home sold in 2021 in Friendship Village rose by $5,100 while total sales increased by 23.8%, according to BlockShopper.com.

From January through December of 2021, there were 78 homes sold, with a median sale price of $340,000 - a 1.5% increase over the $334,900 median sale price for the previous year. There were 63 homes sold in Friendship Village in 2020.

The median sales tax in Friendship Village for the most recent year with available data, 2020, was $2,877, approximately 0.8% of the median home sale price for 2021.

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

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Forest Glen17712245.1%$470,000$479,950-2.1%
Gaithersburg1,23793732%$465,000$422,90010%
Wheaton-Glenmont71152934.4%$451,000$408,40010.4%
Damascus38430326.7%$449,900$410,0009.7%
Burtonsville1288158%$423,250$379,00011.7%
Calverton1409252.2%$399,500$377,5005.8%
Germantown1,8261,35534.8%$351,000$335,0004.8%
Fairland28220636.9%$349,950$336,5004%
Montgomery Village1,35799935.8%$340,000$319,9006.3%
Friendship Village786323.8%$340,000$334,9001.5%
Rossmoor24517540%$230,000$229,0000.4%

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