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Maryland State Wire

Thursday, November 7, 2024

Ashton-Sandy Spring home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Ashton-Sandy Spring rose by $61,600 while total sales decreased by 33.3%, according to BlockShopper.com.

In March 2018, there were two homes sold, with a median sale price of $531,500 - a 13.1% increase over the $469,900 median sale price for the same period of the previous year. There were three homes sold in Ashton-Sandy Spring in March 2017.

The median sales tax in Ashton-Sandy Spring for the most recent year with available data, 2016, was $6,374, approximately 1.2% of the median home sale price for March 2018.

The following table compares Ashton-Sandy Spring 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)
Rossmoor10-$680,000$0-
North Bethesda161414.3%$650,000$755,000-13.9%
South Kensington1014-28.6%$610,000$712,500-14.4%
North Potomac1011-9.1%$607,450$705,000-13.8%
Silver Spring3448-29.2%$535,450$462,00015.9%
Ashton-Sandy Spring23-33.3%$531,500$469,90013.1%
Takoma Park11922.2%$508,100$352,50044.1%
Laytonsville330%$500,000$690,000-27.5%
Darnestown5425%$499,000$812,500-38.6%
Rockville3941-4.9%$490,000$460,0006.5%
Forest Glen89-11.1%$482,450$440,0009.6%

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