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In August 2021, there were 14 homes sold, with a median sale price of $612,500 - a 23.1% increase over the $497,500 median sale price for the same period of the previous year. There were six homes sold in Cloverly in August 2020.
The median sales tax in Cloverly for the most recent year with available data, 2020, was $4,907, approximately 0.8% of the median home sale price for August 2021.
The following table compares Cloverly to other Montgomery County cities with similar median sale prices in August 2021:
| City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Takoma Park | 17 | 14 | 21.4% | $750,000 | $554,750 | 35.2% |
| South Kensington | 15 | 6 | 150% | $710,000 | $872,500 | -18.6% |
| Rockville | 53 | 43 | 23.3% | $650,000 | $540,000 | 20.4% |
| Friendship Village | 5 | 3 | 66.7% | $619,000 | $419,900 | 47.4% |
| Clarksburg | 19 | 17 | 11.8% | $615,000 | $579,000 | 6.2% |
| Cloverly | 14 | 6 | 133.3% | $612,500 | $497,500 | 23.1% |
| Ashton-Sandy Spring | 10 | 4 | 150% | $605,000 | $650,150 | -6.9% |
| Colesville | 27 | 20 | 35% | $603,026 | $495,000 | 21.8% |
| Boyds | 1 | 1 | 0% | $586,000 | $489,900 | 19.6% |
| North Bethesda | 99 | 70 | 41.4% | $585,000 | $484,500 | 20.7% |
| Forest Glen | 14 | 10 | 40% | $582,500 | $517,500 | 12.6% |
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