Poolesville home prices rise in May 2017

Poolesville home prices rise in May 2017
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The median sale price of a home sold in May 2017 in Poolesville rose by $153,250 while total sales increased by 25%, according to BlockShopper.com.

In May 2017, there were 10 homes sold, with a median sale price of $428,000 – a 55.8% increase over the $274,750 median sale price for the same period of the previous year. There were eight homes sold in Poolesville in May 2016.

The median sales tax in Poolesville for the most recent year with available data, 2016, was $4,439, approximately 1% of the median home sale price for May 2017.

The following table compares Poolesville to other Montgomery County cities with similar median sales prices in May 2017:

City May 2017 Home Sales May 2016 Home Sales % change (Total Home Sales) May 2017 Median Sales Price May 2016 Median Sales Price % change (Median Sales Price)
North Kensington 16 21 -23.8% $492,500 $429,000 14.8%
Hillandale 2 2 0% $478,500 $362,500 32%
Colesville 31 25 24% $445,000 $424,800 4.8%
Rossmoor 2 3 -33.3% $439,500 $625,000 -29.7%
Aspen Hill 50 47 6.4% $437,000 $380,000 15%
Poolesville 10 8 25% $428,000 $274,750 55.8%
Gaithersburg 56 76 -26.3% $422,500 $488,450 -13.5%
Cloverly 10 6 66.7% $412,925 $390,100 5.9%
Kemp Mill 23 25 -8% $400,000 $410,000 -2.4%
Damascus 24 42 -42.9% $373,500 $380,000 -1.7%
Washington Grove 2 0 $367,500 $0


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