In January 2022, there were three homes sold, with a median sale price of $612,000 - a 11.4% decrease over the $691,000 median sale price for the same period of the previous year. There were four homes sold in Garrett Park in January 2021.
The median sales tax in Garrett Park for the most recent year with available data, 2020, was $7,157, approximately 1.2% of the median home sale price for January 2022.
The following table compares Garrett Park 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) |
|---|---|---|---|---|---|---|
| North Potomac | 9 | 16 | -43.8% | $850,000 | $611,000 | 39.1% |
| Ashton-Sandy Spring | 4 | 8 | -50% | $737,500 | $872,000 | -15.4% |
| Cabin John | 1 | 0 | - | $700,000 | $0 | - |
| Brinklow | 1 | 0 | - | $680,000 | $0 | - |
| Brookeville | 1 | 2 | -50% | $651,700 | $456,581 | 42.7% |
| Garrett Park | 3 | 4 | -25% | $612,000 | $691,000 | -11.4% |
| Cloverly | 9 | 10 | -10% | $609,999 | $490,000 | 24.5% |
| Derwood | 22 | 20 | 10% | $594,000 | $478,000 | 24.3% |
| Colesville | 12 | 26 | -53.8% | $589,750 | $518,500 | 13.7% |
| North Kensington | 12 | 17 | -29.4% | $576,250 | $555,000 | 3.8% |
| Clarksburg | 20 | 18 | 11.1% | $573,499.50 | $487,500 | 17.6% |
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