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Maryland State Wire

Friday, November 8, 2024

Colesville home prices rise in April 2018

Realestate1

The median sale price of a home sold in April 2018 in Colesville rose by $20,000 while total sales decreased by 62.1%, according to BlockShopper.com.

In April 2018, there were 11 homes sold, with a median sale price of $465,000 - a 4.5% increase over the $445,000 median sale price for the same period of the previous year. There were 29 homes sold in Colesville in April 2017.

The median sales tax in Colesville for the most recent year with available data, 2016, was $5,084, approximately 1.1% of the median home sale price for April 2018.

The following table compares Colesville 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)
Silver Spring3050-40%$529,450$470,00012.6%
Olney322910.3%$509,000$519,500-2%
Forest Glen8560%$507,500$460,00010.3%
Kemp Mill1013-23.1%$485,000$430,00012.8%
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-

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