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Maryland State Wire

Sunday, November 24, 2024

Home prices increased in Burtonsville during February 2022

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The median sale price of a home sold in February 2022 in Burtonsville rose by $54,000 while total sales decreased by 44.4%, according to BlockShopper.com.

In February 2022, there were five homes sold, with a median sale price of $425,000 - a 14.6% increase over the $371,000 median sale price for the same period of the previous year. There were nine homes sold in Burtonsville in February 2021.

The median sales tax in Burtonsville for the most recent year with available data, 2020, was $4,198, approximately 1% of the median home sale price for February 2022.

The following table compares Burtonsville 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)
Forest Glen78-12.5%$470,000$462,5001.6%
Silver Spring3761-39.3%$465,000$525,000-11.4%
Wheaton-Glenmont443525.7%$460,750$407,00013.2%
Olney2140-47.5%$460,000$567,450-18.9%
Aspen Hill3547-25.5%$443,000$476,000-6.9%
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%

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