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Maryland State Wire

Saturday, June 28, 2025

Gaithersburg home prices fall in June 2017

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The median sale price of a home sold in June 2017 in Gaithersburg fell by $4,750 while total sales decreased by 10.5%, according to BlockShopper.com.

In June 2017, there were 77 homes sold, with a median sale price of $472,000 - a 1% decrease over the $476,750 median sale price for the same period of the previous year. There were 86 homes sold in Gaithersburg in June 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 June 2017.

The following table compares Gaithersburg to other Montgomery County cities with similar median sales prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Boyds15-80%$532,000$370,00043.8%
Derwood3015100%$517,450$448,80015.3%
Silver Spring866532.3%$497,500$499,000-0.3%
Forest Glen1112-8.3%$495,000$358,75038%
Olney524418.2%$478,500$522,500-8.4%
Gaithersburg7786-10.5%$472,000$476,750-1%
Hillandale110%$468,000$220,000112.7%
Poolesville8560%$462,500$355,00030.3%
Colesville35342.9%$440,000$471,500-6.7%
North Kensington2428-14.3%$435,000$472,000-7.8%
White Oak211723.5%$430,000$400,0007.5%

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