In January 2022, there were 84 homes sold, with a median sale price of $419,500 - a 4.7% decrease over the $440,000 median sale price for the same period of the previous year. There were 75 homes sold in Gaithersburg in January 2021.
The median sales tax in Gaithersburg for the most recent year with available data, 2020, was $4,750, approximately 1.1% of the median home sale price for January 2022.
The following table compares Gaithersburg to other Montgomery County cities with similar median sale prices in January 2022:
City | Jan. 2022 Home Sales | Jan. 2021 Home Sales | % change (Total Home Sales) | Jan. 2022 Median Sales Price | Jan. 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Forest Glen | 12 | 11 | 9.1% | $484,950 | $314,500 | 54.2% |
Wheaton-Glenmont | 53 | 55 | -3.6% | $470,000 | $435,000 | 8% |
Poolesville | 8 | 4 | 100% | $465,500 | $270,000 | 72.4% |
Rockville | 63 | 61 | 3.3% | $455,000 | $565,500 | -19.5% |
Damascus | 30 | 37 | -18.9% | $450,000 | $405,500 | 11% |
Gaithersburg | 84 | 75 | 12% | $419,500 | $440,000 | -4.7% |
Calverton | 10 | 6 | 66.7% | $410,000 | $342,000 | 19.9% |
Burtonsville | 9 | 13 | -30.8% | $382,000 | $350,000 | 9.1% |
North Bethesda | 53 | 67 | -20.9% | $375,000 | $449,000 | -16.5% |
Montgomery Village | 108 | 88 | 22.7% | $370,000 | $313,500 | 18% |
Fairland | 17 | 19 | -10.5% | $350,000 | $296,250 | 18.1% |