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Friday, November 22, 2024

Ashton-Sandy Spring home prices rise in July 2020

Realestate1

The median sale price of a home sold in July 2020 in Ashton-Sandy Spring rose by $183,723 while total sales decreased by 71.4%, according to BlockShopper.com.

In July 2020, there were two homes sold, with a median sale price of $624,500 - a 41.7% increase over the $440,777 median sale price for the same period of the previous year. There were seven homes sold in Ashton-Sandy Spring in July 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 July 2020.

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

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
North Potomac324-87.5%$875,000$729,50019.9%
Laytonsville13-66.7%$695,000$695,0000%
Rossmoor110%$675,000$700,000-3.6%
South Kensington1217-29.4%$667,000$649,0002.8%
Darnestown58-37.5%$650,000$775,000-16.1%
Ashton-Sandy Spring27-71.4%$624,500$440,77741.7%
North Kensington415-73.3%$619,500$459,99934.7%
North Bethesda1331-58.1%$612,500$700,000-12.5%
Takoma Park413-69.2%$579,000$526,00010.1%
Silver Spring1445-68.9%$565,500$550,0002.8%
Rockville1744-61.4%$547,500$620,000-11.7%

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