In August 2017, there were seven homes sold, with a median sale price of $504,000 - a 12.7% increase over the $447,250 median sale price for the same period of the previous year. There were 10 homes sold in Forest Glen in August 2016.
The median sales tax in Forest Glen for the most recent year with available data, 2016, was $4,425, approximately 0.9% of the median home sale price for August 2017.
The following table compares Forest Glen 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) |
---|---|---|---|---|---|---|
Rockville | 47 | 53 | -11.3% | $636,000 | $600,000 | 6% |
Garrett Park | 6 | 6 | 0% | $617,500 | $589,500 | 4.7% |
North Potomac | 9 | 20 | -55% | $585,000 | $608,000 | -3.8% |
Takoma Park | 11 | 16 | -31.3% | $560,000 | $514,500 | 8.8% |
Silver Spring | 42 | 58 | -27.6% | $532,887.50 | $491,250 | 8.5% |
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% |