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Thursday, April 2, 2020

Burtonsville home prices rise in the fourth quarter of 2017

Real Estate

By Local Labs News Service | Jan 7, 2018

Re 5

The median sale price of a home sold in the fourth quarter of 2017 in Burtonsville rose by $44,500 while total sales increased by 85.7%, according to BlockShopper.com.

From October through December of 2017, there were 26 homes sold, with a median sale price of $314,500 - a 16.5% increase over the $270,000 median sale price for the same period of the previous year. There were 14 homes sold in Burtonsville in the fourth quarter of 2016.

The median sales tax in Burtonsville for the most recent year with available data, 2016, was $4,083, approximately 1.3% of the median home sale price for the fourth quarter of 2017.

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

City
Oct. - Dec. 2017 Home Sales
Oct. - Dec. 2016 Home Sales
% change (Total Home Sales)
Oct. - Dec. 2017 Median Sales Price
Oct. - Dec. 2016 Median Sales Price
% change (Median Sales Price)
Kemp Mill
32
25
28%
$412,500
$417,000
-1.1%
Aspen Hill
83
86
-3.5%
$410,000
$379,500
8%
White Oak
39
38
2.6%
$404,500
$400,000
1.1%
Damascus
72
61
18%
$389,995
$350,000
11.4%
Brookeville
3
3
0%
$382,000
$270,000
41.5%
Wheaton-Glenmont
130
118
10.2%
$367,000
$350,000
4.9%
Calverton
14
15
-6.7%
$342,500
$375,000
-8.7%
Fairland
33
26
26.9%
$339,900
$297,000
14.4%
Germantown
242
204
18.6%
$326,800
$314,525
3.9%
Burtonsville
26
14
85.7%
$314,500
$270,000
16.5%
Montgomery Village
203
167
21.6%
$290,000
$285,000
1.8%

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Montgomery County Maryland Circuit Court

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