Burtonsville home prices rise in the fourth quarter of 2017

Burtonsville home prices rise in the fourth quarter of 2017
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The median sale price of a home sold in the fourth quarter of 2017 in Burtonsville rose by $44,500 while total sales increased by 85.7%, according to BlockShopper.com.

From October through December of 2017, there were 26 homes sold, with a median sale price of $314,500 – a 16.5% increase over the $270,000 median sale price for the same period of the previous year. There were 14 homes sold in Burtonsville in the fourth quarter of 2016.

The median sales tax in Burtonsville for the most recent year with available data, 2016, was $4,083, approximately 1.3% of the median home sale price for the fourth quarter of 2017.

The following table compares Burtonsville to other Montgomery County cities with similar median sales prices in the fourth quarter of 2017:

City Oct. – Dec. 2017 Home Sales Oct. – Dec. 2016 Home Sales % change (Total Home Sales) Oct. – Dec. 2017 Median Sales Price Oct. – Dec. 2016 Median Sales Price % change (Median Sales Price)
Kemp Mill 32 25 28% $412,500 $417,000 -1.1%
Aspen Hill 83 86 -3.5% $410,000 $379,500 8%
White Oak 39 38 2.6% $404,500 $400,000 1.1%
Damascus 72 61 18% $389,995 $350,000 11.4%
Brookeville 3 3 0% $382,000 $270,000 41.5%
Wheaton-Glenmont 130 118 10.2% $367,000 $350,000 4.9%
Calverton 14 15 -6.7% $342,500 $375,000 -8.7%
Fairland 33 26 26.9% $339,900 $297,000 14.4%
Germantown 242 204 18.6% $326,800 $314,525 3.9%
Burtonsville 26 14 85.7% $314,500 $270,000 16.5%
Montgomery Village 203 167 21.6% $290,000 $285,000 1.8%


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