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Wednesday, May 1, 2024

Dickerson home prices rise in February 2018

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The median sale price of a home sold in February 2018 in Dickerson rose by $199,500 while total sales decreased by 50%, according to BlockShopper.com.

In February 2018, there were two homes sold, with a median sale price of $483,000 - a 70.4% increase over the $283,500 median sale price for the same period of the previous year. There were four homes sold in Dickerson in February 2017.

The median sales tax in Dickerson for the most recent year with available data, 2016, was $4,350, approximately 0.9% of the median home sale price for February 2018.

The following table compares Dickerson to other Montgomery County cities with similar median sales prices in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Garrett Park13-66.7%$539,000$670,000-19.6%
Forest Glen9650%$529,900$385,00037.6%
Silver Spring4553-15.1%$527,500$443,90018.8%
Takoma Park1017-41.2%$511,500$400,00027.9%
North Potomac10911.1%$483,750$662,500-27%
Dickerson24-50%$483,000$283,50070.4%
Olney1827-33.3%$476,250$486,000-2%
Kemp Mill131030%$465,000$426,2959.1%
Cloverly660%$438,950$471,000-6.8%
White Oak1222-45.5%$437,500$401,2509%
North Kensington921-57.1%$430,000$389,00010.5%

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