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Maryland State Wire

Thursday, November 7, 2024

Falling home prices in Rossmoor in February 2022

Realestate077

The median sale price of a home sold in February 2022 in Rossmoor fell by $125,000 while total sales decreased by 15.4%, according to BlockShopper.com.

In February 2022, there were 11 homes sold, with a median sale price of $205,000 - a 37.9% decrease over the $330,000 median sale price for the same period of the previous year. There were 13 homes sold in Rossmoor in February 2021.

The median sales tax in Rossmoor for the most recent year with available data, 2020, was $2,138, approximately 1% of the median home sale price for February 2022.

The following table compares Rossmoor to other Montgomery County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Burtonsville59-44.4%$425,000$371,00014.6%
Washington Grove10-$415,000$0-
Calverton990%$399,900$300,00033.3%
North Bethesda3362-46.8%$375,000$399,500-6.1%
Friendship Village440%$375,000$390,000-3.8%
Cloverly8714.3%$368,000$515,000-28.5%
Fairland1217-29.4%$355,250$295,00020.4%
Germantown76112-32.1%$349,950$341,7502.4%
Montgomery Village6186-29.1%$335,000$320,0004.7%
Brookeville10-$312,000$0-
Rossmoor1113-15.4%$205,000$330,000-37.9%

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