From January through March of 2018, there were 23 homes sold, with a median sale price of $489,900 - a 15.6% increase over the $423,875 median sale price for the same period of the previous year. There were 22 homes sold in Forest Glen in the first quarter of 2017.
The median sales tax in Forest Glen for the most recent year with available data, 2016, was $4,425, approximately 0.9% of the median home sale price for the first quarter of 2018.
The following table compares Forest Glen to other Montgomery County cities with similar median sales prices in the first quarter of 2018:
City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Laytonsville | 12 | 6 | 100% | $555,000 | $712,500 | -22.1% |
Takoma Park | 35 | 34 | 2.9% | $530,500 | $394,450 | 34.5% |
Washington Grove | 2 | 0 | - | $518,000 | $0 | - |
Rockville | 105 | 134 | -21.6% | $513,000 | $460,000 | 11.5% |
Silver Spring | 131 | 155 | -15.5% | $508,000 | $469,342 | 8.2% |
Forest Glen | 23 | 22 | 4.5% | $489,900 | $423,875 | 15.6% |
Olney | 62 | 101 | -38.6% | $462,500 | $475,000 | -2.6% |
Colesville | 44 | 57 | -22.8% | $445,000 | $433,500 | 2.7% |
Cloverly | 21 | 15 | 40% | $438,000 | $465,000 | -5.8% |
North Kensington | 36 | 55 | -34.5% | $427,000 | $399,999 | 6.8% |
Clarksburg | 48 | 35 | 37.1% | $424,000 | $432,500 | -2% |