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Maryland State Wire

Saturday, June 28, 2025

Colesville home prices rise in the second quarter of 2017

Realestate4

The median sale price of a home sold in the second quarter of 2017 in Colesville rose by $12,500 while total sales increased by 8%, according to BlockShopper.com.

From April through June of 2017, there were 95 homes sold, with a median sale price of $445,000 - a 2.9% increase over the $432,500 median sale price for the same period of the previous year. There were 88 homes sold in Colesville in the second quarter of 2016.

The median sales tax in Colesville for the most recent year with available data, 2016, was $5,084, approximately 1.1% of the median home sale price for the second quarter of 2017.

The following table compares Colesville to other Montgomery County cities with similar median sales prices in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Forest Glen2031-35.5%$492,000$376,00030.9%
Derwood665911.9%$492,000$437,50012.5%
Olney121125-3.2%$485,000$438,00010.7%
Hillandale4333.3%$484,000$275,00076%
Gaithersburg201210-4.3%$460,000$466,000-1.3%
Colesville95888%$445,000$432,5002.9%
North Kensington69647.8%$440,000$452,500-2.8%
Clarksburg594725.5%$430,000$435,000-1.1%
Cloverly272222.7%$422,000$410,0002.9%
Aspen Hill15313612.5%$420,000$382,500.509.8%
Kemp Mill4660-23.3%$413,500$413,575-0%

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