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Friday, April 26, 2024

Burtonsville home prices rise in the third quarter of 2017

Realestate3

The median sale price of a home sold in the third quarter of 2017 in Burtonsville rose by $61,000 while total sales decreased by 8%, according to BlockShopper.com.

From July through September of 2017, there were 23 homes sold, with a median sale price of $360,000 - a 20.4% increase over the $299,000 median sale price for the same period of the previous year. There were 25 homes sold in Burtonsville in the third quarter of 2016.

The median sales tax in Burtonsville for the most recent year with available data, 2016, was $4,083, approximately 1.1% of the median home sale price for the third quarter of 2017.

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

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Poolesville3135-11.4%$410,000$374,9009.4%
Aspen Hill17614620.5%$400,000$430,000-7%
Calverton201811.1%$397,500$380,0004.6%
Damascus756711.9%$386,675$350,00010.5%
Boyds35-40%$365,000$724,000-49.6%
Fairland43430%$364,000$325,00012%
Wheaton-Glenmont1561522.6%$361,000$337,0017.1%
Burtonsville2325-8%$360,000$299,00020.4%
Germantown2862744.4%$332,500$322,9503%
Dickerson5366.7%$328,500$519,204-36.7%
Montgomery Village238239-0.4%$299,950$284,9005.3%

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