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Maryland State Wire

Sunday, November 24, 2024

Aspen Hill home prices fall in April 2018

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The median sale price of a home sold in April 2018 in Aspen Hill fell by $2,500 while total sales decreased by 37.8%, according to BlockShopper.com.

In April 2018, there were 28 homes sold, with a median sale price of $397,500 - a 0.6% decrease over the $400,000 median sale price for the same period of the previous year. There were 45 homes sold in Aspen Hill in April 2017.

The median sales tax in Aspen Hill for the most recent year with available data, 2016, was $4,420, approximately 1.1% of the median home sale price for April 2018.

The following table compares Aspen Hill 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)
Gaithersburg4768-30.9%$445,000$480,000-7.3%
Clarksburg1021-52.4%$422,500$429,900-1.7%
Cloverly880%$417,500$442,500-5.6%
Washington Grove10-$414,000$0-
Poolesville46-33.3%$408,749.50$279,95046%
Aspen Hill2845-37.8%$397,500$400,000-0.6%
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%

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