Poolesville home prices rise in the first quarter of 2017

Poolesville home prices rise in the first quarter of 2017
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The median sale price of a home sold in the first quarter of 2017 in Poolesville rose by $89,500 while total sales increased by 35.7%, according to BlockShopper.com.

From January through March of 2017, there were 19 homes sold, with a median sale price of $305,000 – a 41.5% increase over the $215,500 median sale price for the same period of the previous year. There were 14 homes sold in Poolesville in the first quarter of 2016.

The median sales tax in Poolesville for the most recent year with available data, 2016, was $4,439, approximately 1.5% of the median home sale price for the first quarter of 2017.

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

City Jan. – Mar. 2017 Home Sales Jan. – Mar. 2016 Home Sales % change (Total Home Sales) Jan. – Mar. 2017 Median Sales Price Jan. – Mar. 2016 Median Sales Price % change (Median Sales Price)
White Oak 59 28 110.7% $383,500 $370,000 3.6%
Damascus 76 60 26.7% $361,000 $290,400 24.3%
Wheaton-Glenmont 165 117 41% $355,000 $315,000 12.7%
Boyds 3 0 $346,550 $0
Calverton 19 18 5.6% $320,100 $334,000 -4.2%
Germantown 300 240 25% $317,209.50 $293,850.50 7.9%
Burtonsville 24 19 26.3% $315,500 $287,000 9.9%
Poolesville 19 14 35.7% $305,000 $215,500 41.5%
Fairland 55 38 44.7% $292,500 $310,000 -5.6%
Montgomery Village 227 166 36.7% $285,000 $267,000 6.7%
Dickerson 7 2 250% $282,000 $753,500 -62.6%


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