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Maryland State Wire

Friday, November 22, 2024

Wheaton-Glenmont home prices unchanged 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 Wheaton-Glenmont was unchanged while total sales decreased by 31.5%, according to BlockShopper.com.

From January through March of 2018, there were 113 homes sold, with a median sale price of $355,000. There were 165 homes sold in Wheaton-Glenmont in the first quarter of 2017, and the median sales price for the period was also $355,000.

The median sales tax in Wheaton-Glenmont for the most recent year with available data, 2016, was $3,809, approximately 1.1% of the median home sale price for the first quarter of 2018.

The following table compares Wheaton-Glenmont 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)
Gaithersburg117175-33.1%$402,000$429,700-6.4%
Boyds13-66.7%$399,900$346,55015.4%
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%

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