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Maryland State Wire

Friday, November 22, 2024

Colesville home prices fall in March 2018

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The median sale price of a home sold in March 2018 in Colesville fell by $34,850 while total sales decreased by 31.3%, according to BlockShopper.com.

In March 2018, there were 11 homes sold, with a median sale price of $423,150 - a 7.6% decrease over the $458,000 median sale price for the same period of the previous year. There were 16 homes sold in Colesville in March 2017.

The median sales tax in Colesville for the most recent year with available data, 2016, was $5,084, approximately 1.2% of the median home sale price for March 2018.

The following table compares Colesville 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)
Fairland814-42.9%$441,500$381,25015.8%
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%

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