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Maryland State Wire

Friday, November 8, 2024

Burtonsville home prices rise in March 2018

Realestate077

The median sale price of a home sold in March 2018 in Burtonsville rose by $110,200 while total sales decreased by 14.3%, according to BlockShopper.com.

In March 2018, there were six homes sold, with a median sale price of $426,200 - a 34.9% increase over the $316,000 median sale price for the same period of the previous year. There were seven homes sold in Burtonsville in March 2017.

The median sales tax in Burtonsville for the most recent year with available data, 2016, was $4,083, approximately 1% of the median home sale price for March 2018.

The following table compares Burtonsville 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)
Clarksburg121020%$475,000$462,4952.7%
Olney2433-27.3%$463,500$470,000-1.4%
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%

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