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Maryland State Wire

Sunday, November 24, 2024

Cloverly home prices fall in April 2018

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The median sale price of a home sold in April 2018 in Cloverly fell by $25,000 while total sales remained unchanged with eight homes sold, according to BlockShopper.com.

In April 2018, there were eight homes sold, with a median sale price of $417,500 - a 5.6% decrease over the $442,500 median sale price for the same period of the previous year. There were eight homes sold in Cloverly in April 2017, as well.

The median sales tax in Cloverly for the most recent year with available data, 2016, was $4,664, approximately 1.1% of the median home sale price for April 2018.

The following table compares Cloverly 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)
Derwood161233.3%$472,520.50$435,0008.6%
Colesville1129-62.1%$465,000$445,0004.5%
North Kensington2029-31%$456,000$435,0004.8%
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%

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