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Maryland State Wire

Thursday, November 7, 2024

Burtonsville home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Burtonsville rose by $8,500 while total sales increased by 4.2%, according to BlockShopper.com.

From January through March of 2018, there were 25 homes sold, with a median sale price of $324,000 - a 2.7% increase over the $315,500 median sale price for the same period of the previous year. There were 24 homes sold in Burtonsville in the first quarter of 2017.

The median sales tax in Burtonsville for the most recent year with available data, 2016, was $4,083, approximately 1.3% of the median home sale price for the first quarter of 2018.

The following table compares Burtonsville to other Montgomery County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Derwood3945-13.3%$395,000$435,000-9.2%
Damascus7276-5.3%$368,500$361,0002.1%
Dickerson47-42.9%$365,450$282,00029.6%
Wheaton-Glenmont113165-31.5%$355,000$355,0000%
Poolesville1519-21.1%$350,000$305,00014.8%
Calverton211910.5%$325,000$320,1001.5%
Germantown215300-28.3%$325,000$317,209.502.5%
Burtonsville25244.2%$324,000$315,5002.7%
Brinklow31200%$310,870$449,400-30.8%
Fairland3955-29.1%$310,000$292,5006%
Montgomery Village151227-33.5%$294,000$285,0003.2%

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