Quantcast

Montgomery News

Friday, November 15, 2024

What happened to the median home valuation price in Montgomery County in March 2024 compared to March 2023?

Realestate5

In March, the median sale price of a home in Montgomery County rose by $44,000 from the same period in the previous year, while total sales increased by 29.2%, according to BlockShopper.com.

Data shows that there were 700 homes sold in March, with a median sale price of $550,000 - an 8.7% increase over the $506,000 median sale price for the same period of the previous year. There were 542 homes sold in Montgomery County in March 2023.

For context, the median sales tax in Montgomery County, based on the latest available data from 2020, was $5,005, which stands at 0.9% of March's median home sale price.

The following histogram displays changes in median sales prices in Montgomery County from March 2023 to March 2024.

March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024$506,000$506,000$551,009$551,009$589,000$589,000$610,050$610,050$600,000$600,000$555,000$555,000$542,500$542,500$520,000$520,000$530,000$530,000$550,000$550,000$480,000$480,000$527,500$527,500$550,000$550,000

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