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Saturday, November 2, 2024

Ashton-Sandy Spring home prices rise in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Ashton-Sandy Spring rose by $93,000 while total sales decreased by 40%, according to BlockShopper.com.

From April through June of 2020, there were 12 homes sold, with a median sale price of $678,000 - a 15.9% increase over the $585,000 median sale price for the same period of the previous year. There were 20 homes sold in Ashton-Sandy Spring in the second quarter of 2019.

The median sales tax in Ashton-Sandy Spring for the most recent year with available data, 2016, was $6,374, approximately 0.9% of the median home sale price for the second quarter of 2020.

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

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
South Kensington4260-30%$779,500$800,000-2.6%
North Potomac3749-24.5%$755,000$732,0003.1%
North Bethesda7098-28.6%$731,900$744,500-1.7%
Laytonsville141127.3%$728,500$520,00040.1%
Darnestown2325-8%$725,000$725,0000%
Ashton-Sandy Spring1220-40%$678,000$585,00015.9%
Cabin John17-85.7%$644,000$944,657-31.8%
Garrett Park7540%$637,500$662,000-3.7%
Boyds21100%$627,500$120,000422.9%
Hillandale110%$619,000$460,00034.6%
Takoma Park3048-37.5%$580,000$621,000-6.6%

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