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Maryland State Wire

Thursday, November 7, 2024

Aspen Hill home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Aspen Hill rose by $34,750 while total sales increased by 37.9%, according to BlockShopper.com.

In March 2018, there were 40 homes sold, with a median sale price of $419,750 - a 9% increase over the $385,000 median sale price for the same period of the previous year. There were 29 homes sold in Aspen Hill in March 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 March 2018.

The following table compares Aspen Hill to other Montgomery County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Derwood1112-8.3%$435,000$341,50027.4%
White Oak1216-25%$431,650$363,50018.7%
Burtonsville67-14.3%$426,200$316,00034.9%
Calverton59-44.4%$425,000$315,00034.9%
Colesville1116-31.3%$423,150$458,000-7.6%
Aspen Hill402937.9%$419,750$385,0009%
Gaithersburg4152-21.2%$415,000$444,500-6.6%
North Kensington1114-21.4%$410,000$423,000-3.1%
Poolesville24-50%$409,000$208,77595.9%
Kemp Mill1015-33.3%$407,500$415,000-1.8%
Cloverly8560%$403,000$445,000-9.4%

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