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Thursday, April 18, 2024

Poolesville home prices rise in the second quarter of 2017

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The median sale price of a home sold in the second quarter of 2017 in Poolesville rose by $57,450 while total sales increased by 14.3%, according to BlockShopper.com.

From April through June of 2017, there were 24 homes sold, with a median sale price of $407,450 - a 16.4% increase over the $350,000 median sale price for the same period of the previous year. There were 21 homes sold in Poolesville in the second quarter of 2016.

The median sales tax in Poolesville for the most recent year with available data, 2016, was $4,439, approximately 1.1% of the median home sale price for the second quarter of 2017.

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

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
North Kensington69647.8%$440,000$452,500-2.8%
Clarksburg594725.5%$430,000$435,000-1.1%
Cloverly272222.7%$422,000$410,0002.9%
Aspen Hill15313612.5%$420,000$382,500.509.8%
Kemp Mill4660-23.3%$413,500$413,575-0%
Poolesville242114.3%$407,450$350,00016.4%
White Oak4250-16%$393,900$400,000-1.5%
Washington Grove3250%$385,000$306,50025.6%
Damascus86104-17.3%$378,500$355,5006.5%
Calverton2728-3.6%$375,000$357,5004.9%
Wheaton-Glenmont1711710%$360,000$330,0009.1%

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