In June 2017, there were 30 homes sold, with a median sale price of $517,450 - a 15.3% increase over the $448,800 median sale price for the same period of the previous year. There were 15 homes sold in Derwood in June 2016.
The median sales tax in Derwood for the most recent year with available data, 2016, was $4,947, approximately 1% of the median home sale price for June 2017.
The following table compares Derwood to other Montgomery County cities with similar median sales prices in June 2017:
| City | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Bethesda | 30 | 32 | -6.3% | $649,500 | $662,750 | -2% |
| Garrett Park | 2 | 4 | -50% | $642,500 | $557,250 | 15.3% |
| Rockville | 52 | 61 | -14.8% | $595,500 | $570,000 | 4.5% |
| Takoma Park | 20 | 14 | 42.9% | $535,000 | $584,500 | -8.5% |
| Boyds | 1 | 5 | -80% | $532,000 | $370,000 | 43.8% |
| Derwood | 30 | 15 | 100% | $517,450 | $448,800 | 15.3% |
| Silver Spring | 86 | 65 | 32.3% | $497,500 | $499,000 | -0.3% |
| Forest Glen | 11 | 12 | -8.3% | $495,000 | $358,750 | 38% |
| Olney | 52 | 44 | 18.2% | $478,500 | $522,500 | -8.4% |
| Gaithersburg | 77 | 86 | -10.5% | $472,000 | $476,750 | -1% |
| Hillandale | 1 | 1 | 0% | $468,000 | $220,000 | 112.7% |
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