Poolesville home prices rise in the third quarter of 2020

Poolesville home prices rise in the third quarter of 2020
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The median sale price of a home sold in the third quarter of 2020 in Poolesville rose by $5,600 while total sales increased by 13%, according to BlockShopper.com.

From July through September of 2020, there were 26 homes sold, with a median sale price of $545,500 – a 1% increase over the $539,900 median sale price for the same period of the previous year. There were 23 homes sold in Poolesville in the third quarter of 2019.

The median sales tax in Poolesville for the most recent year with available data, 2016, was $4,439, approximately 0.8% of the median home sale price for the third quarter of 2020.

The following table compares Poolesville to other Montgomery County cities with similar median sales prices in the third quarter of 2020:

City July – Sept. 2020 Home Sales July – Sept. 2019 Home Sales % change (Total Home Sales) July – Sept. 2020 Median Sales Price July – Sept. 2019 Median Sales Price % change (Median Sales Price)
Hillandale 3 6 -50% $610,000 $464,500 31.3%
Ashton-Sandy Spring 14 17 -17.6% $607,450 $709,900 -14.4%
Takoma Park 34 38 -10.5% $599,413.50 $570,500 5.1%
Rockville 119 159 -25.2% $585,000 $575,000 1.7%
Silver Spring 115 137 -16.1% $579,000 $565,000 2.5%
Poolesville 26 23 13% $545,500 $539,900 1%
Forest Glen 20 25 -20% $545,000 $481,500 13.2%
Olney 107 134 -20.1% $535,000 $530,000 0.9%
North Kensington 49 47 4.3% $535,000 $445,000 20.2%
Gaithersburg 163 155 5.2% $535,000 $465,100 15%
Washington Grove 4 3 33.3% $531,500 $281,000 89.1%


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