In August 2017, there were eight homes sold, with a median sale price of $473,500 - a 11.4% increase over the $425,000 median sale price for the same period of the previous year. There were nine homes sold in Cloverly in August 2016.
The median sales tax in Cloverly for the most recent year with available data, 2016, was $4,664, approximately 1% of the median home sale price for August 2017.
The following table compares Cloverly to other Montgomery County cities with similar median sales prices in August 2017:
| City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Forest Glen | 7 | 10 | -30% | $504,000 | $447,250 | 12.7% |
| Gaithersburg | 84 | 65 | 29.2% | $499,990 | $415,500 | 20.3% |
| Olney | 51 | 30 | 70% | $490,000 | $530,000 | -7.5% |
| Derwood | 15 | 19 | -21.1% | $475,000 | $435,000 | 9.2% |
| Colesville | 30 | 25 | 20% | $475,000 | $434,000 | 9.4% |
| Cloverly | 8 | 9 | -11.1% | $473,500 | $425,000 | 11.4% |
| Boyds | 1 | 2 | -50% | $470,000 | $749,500 | -37.3% |
| White Oak | 13 | 10 | 30% | $450,000 | $370,004 | 21.6% |
| Clarksburg | 12 | 14 | -14.3% | $447,500 | $424,500 | 5.4% |
| Poolesville | 7 | 10 | -30% | $425,000 | $365,950 | 16.1% |
| Kemp Mill | 12 | 20 | -40% | $407,500 | $399,950 | 1.9% |
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