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Maryland State Wire

Sunday, November 24, 2024

Montgomery Village home prices rise in April 2018

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The median sale price of a home sold in April 2018 in Montgomery Village rose by $25,500 while total sales increased by 37.3%, according to BlockShopper.com.

In April 2018, there were 81 homes sold, with a median sale price of $318,000 - a 8.7% increase over the $292,500 median sale price for the same period of the previous year. There were 59 homes sold in Montgomery Village in April 2017.

The median sales tax in Montgomery Village for the most recent year with available data, 2016, was $3,117, approximately 1% of the median home sale price for April 2018.

The following table compares Montgomery Village to other Montgomery County cities with similar median sales prices in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Wheaton-Glenmont4056-28.6%$395,000$354,50011.4%
White Oak147100%$390,000$362,0007.7%
Calverton38-62.5%$385,000$368,5004.5%
Ashton-Sandy Spring78-12.5%$373,500$507,992-26.5%
Fairland913-30.8%$355,000$329,0007.9%
Boyds10-$329,900$0-
Germantown7385-14.1%$327,000$320,0002.2%
Damascus1624-33.3%$321,900$393,000-18.1%
Montgomery Village815937.3%$318,000$292,5008.7%
Burtonsville770%$318,000$339,000-6.2%
Dickerson13-66.7%$245,000$420,000-41.7%

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