In May 2017, there were 50 homes sold, with a median sale price of $437,000 - a 15% increase over the $380,000 median sale price for the same period of the previous year. There were 47 homes sold in Aspen Hill in May 2016.
The median sales tax in Aspen Hill for the most recent year with available data, 2016, was $4,420, approximately 1% of the median home sale price for May 2017.
The following table compares Aspen Hill to other Montgomery County cities with similar median sales prices in May 2017:
| City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Derwood | 24 | 28 | -14.3% | $505,500 | $419,975 | 20.4% |
| North Kensington | 16 | 21 | -23.8% | $492,500 | $429,000 | 14.8% |
| Hillandale | 2 | 2 | 0% | $478,500 | $362,500 | 32% |
| Colesville | 31 | 25 | 24% | $445,000 | $424,800 | 4.8% |
| Rossmoor | 2 | 3 | -33.3% | $439,500 | $625,000 | -29.7% |
| Aspen Hill | 50 | 47 | 6.4% | $437,000 | $380,000 | 15% |
| Poolesville | 10 | 8 | 25% | $428,000 | $274,750 | 55.8% |
| Gaithersburg | 56 | 76 | -26.3% | $422,500 | $488,450 | -13.5% |
| Cloverly | 10 | 6 | 66.7% | $412,925 | $390,100 | 5.9% |
| Kemp Mill | 23 | 25 | -8% | $400,000 | $410,000 | -2.4% |
| Damascus | 24 | 42 | -42.9% | $373,500 | $380,000 | -1.7% |
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