In October 2017, there were 57 homes sold, with a median sale price of $457,500 - a 10.4% increase over the $414,300 median sale price for the same period of the previous year. There were 30 homes sold in Gaithersburg in October 2016.
The median sales tax in Gaithersburg for the most recent year with available data, 2016, was $5,166, approximately 1.1% of the median home sale price for October 2017.
The following table compares Gaithersburg to other Montgomery County cities with similar median sales prices in October 2017:
| City | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Silver Spring | 45 | 31 | 45.2% | $490,000 | $438,000 | 11.9% |
| Derwood | 16 | 5 | 220% | $482,500 | $550,000 | -12.3% |
| Takoma Park | 15 | 6 | 150% | $480,000 | $487,500 | -1.5% |
| Forest Glen | 5 | 3 | 66.7% | $480,000 | $450,000 | 6.7% |
| Rockville | 60 | 26 | 130.8% | $478,750 | $567,500 | -15.6% |
| Gaithersburg | 57 | 30 | 90% | $457,500 | $414,300 | 10.4% |
| Colesville | 18 | 14 | 28.6% | $435,500 | $402,000 | 8.3% |
| Aspen Hill | 41 | 20 | 105% | $430,000 | $377,450 | 13.9% |
| North Kensington | 19 | 7 | 171.4% | $429,000 | $423,000 | 1.4% |
| Cloverly | 10 | 1 | 900% | $422,500 | $346,000 | 22.1% |
| Kemp Mill | 14 | 9 | 55.6% | $417,250 | $390,000 | 7% |
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