Clarksburg home prices rise in the fourth quarter of 2018

Clarksburg home prices rise in the fourth quarter of 2018
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The median sale price of a home sold in the fourth quarter of 2018 in Clarksburg rose by $35,500 while total sales decreased by 11.1%, according to BlockShopper.com.

From October through December of 2018, there were 32 homes sold, with a median sale price of $450,500 – a 8.6% increase over the $415,000 median sale price for the same period of the previous year. There were 36 homes sold in Clarksburg in the fourth quarter of 2017.

The median sales tax in Clarksburg for the most recent year with available data, 2016, was $5,138, approximately 1.1% of the median home sale price for the fourth quarter of 2018.

The following table compares Clarksburg to other Montgomery County cities with similar median sales prices in the fourth quarter of 2018:

City Oct. – Dec. 2018 Home Sales Oct. – Dec. 2017 Home Sales % change (Total Home Sales) Oct. – Dec. 2018 Median Sales Price Oct. – Dec. 2017 Median Sales Price % change (Median Sales Price)
Olney 92 82 12.2% $496,500 $484,995 2.4%
Silver Spring 158 128 23.4% $492,500 $463,750 6.2%
Colesville 56 50 12% $480,500 $443,000 8.5%
Derwood 40 39 2.6% $471,000 $460,000 2.4%
Gaithersburg 162 150 8% $464,950 $452,750 2.7%
Clarksburg 32 36 -11.1% $450,500 $415,000 8.6%
Ashton-Sandy Spring 15 11 36.4% $440,000 $469,000 -6.2%
Aspen Hill 128 83 54.2% $440,000 $410,000 7.3%
Poolesville 21 21 0% $437,805 $420,000 4.2%
Kemp Mill 34 32 6.3% $437,000 $412,500 5.9%
North Kensington 48 42 14.3% $432,500 $412,797.50 4.8%


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