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Saturday, June 28, 2025

Rockville home prices fall in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Rockville fell by $22,500 while total sales increased by 36.7%, according to BlockShopper.com.

From January through March of 2017, there were 134 homes sold, with a median sale price of $460,000 - a 4.7% decrease over the $482,500 median sale price for the same period of the previous year. There were 98 homes sold in Rockville in the first quarter of 2016.

The median sales tax in Rockville for the most recent year with available data, 2016, was $6,949, approximately 1.5% of the median home sale price for the first quarter of 2017.

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

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Darnestown171070%$664,000$552,75020.1%
Ashton-Sandy Spring1521-28.6%$525,000$618,000-15%
Olney1017240.3%$475,000$454,7754.4%
Silver Spring15510547.6%$469,342$490,000-4.2%
Cloverly1518-16.7%$465,000$410,54013.3%
Rockville1349836.7%$460,000$482,500-4.7%
Brinklow10-$449,400$0-
Derwood452766.7%$435,000$410,0006.1%
Colesville57561.8%$433,500$377,00015%
Clarksburg3551-31.4%$432,500$424,0002%
Gaithersburg17514719%$429,700$421,0002.1%

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