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Tuesday, May 7, 2024

Ashton-Sandy Spring home prices rise in the first half of 2020

Realestate5

The median sale price of a home sold in the first half of 2020 in Ashton-Sandy Spring rose by $44,777 while total sales decreased by 24.1%, according to BlockShopper.com.

From January through June of 2020, there were 22 homes sold, with a median sale price of $619,777 - a 7.8% increase over the $575,000 median sale price for the same period of the previous year. There were 29 homes sold in Ashton-Sandy Spring in the first half of 2019.

The median sales tax in Ashton-Sandy Spring for the most recent year with available data, 2016, was $6,374, approximately 1% of the median home sale price for the first half of 2020.

The following table compares Ashton-Sandy Spring to other Montgomery County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Cabin John29-77.8%$747,000$944,657-20.9%
North Bethesda137151-9.3%$735,000$731,9000.4%
North Potomac6872-5.6%$721,250$729,500-1.1%
Laytonsville231464.3%$710,000$492,50044.2%
Garrett Park15147.1%$684,950$663,5003.2%
Ashton-Sandy Spring2229-24.1%$619,777$575,0007.8%
Brinklow42100%$592,100$674,500-12.2%
Rockville27124610.2%$574,000$505,00013.7%
Takoma Park5073-31.5%$545,000$620,000-12.1%
Silver Spring254277-8.3%$541,000$532,5001.6%
Derwood938114.8%$520,000$455,00014.3%

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