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Friday, November 22, 2024

Poolesville home prices rise in the third quarter of 2020

Realestate1

The median sale price of a home sold in the third quarter of 2020 in Poolesville rose by $5,600 while total sales increased by 13%, according to BlockShopper.com.

From July through September of 2020, there were 26 homes sold, with a median sale price of $545,500 - a 1% increase over the $539,900 median sale price for the same period of the previous year. There were 23 homes sold in Poolesville in the third quarter of 2019.

The median sales tax in Poolesville for the most recent year with available data, 2016, was $4,439, approximately 0.8% of the median home sale price for the third quarter of 2020.

The following table compares Poolesville to other Montgomery County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Hillandale36-50%$610,000$464,50031.3%
Ashton-Sandy Spring1417-17.6%$607,450$709,900-14.4%
Takoma Park3438-10.5%$599,413.50$570,5005.1%
Rockville119159-25.2%$585,000$575,0001.7%
Silver Spring115137-16.1%$579,000$565,0002.5%
Poolesville262313%$545,500$539,9001%
Forest Glen2025-20%$545,000$481,50013.2%
Olney107134-20.1%$535,000$530,0000.9%
North Kensington49474.3%$535,000$445,00020.2%
Gaithersburg1631555.2%$535,000$465,10015%
Washington Grove4333.3%$531,500$281,00089.1%

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