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Friday, November 8, 2024

Gaithersburg home prices fall in September 2019

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The median sale price of a home sold in September 2019 in Gaithersburg fell by $13,000 while total sales decreased by 22%, according to BlockShopper.com.

In September 2019, there were 46 homes sold, with a median sale price of $445,000 - a 2.8% decrease over the $458,000 median sale price for the same period of the previous year. There were 59 homes sold in Gaithersburg in September 2018.

The median sales tax in Gaithersburg for the most recent year with available data, 2016, was $5,166, approximately 1.2% of the median home sale price for September 2019.

The following table compares Gaithersburg to other Montgomery County cities with similar median sales prices in September 2019:

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Clarksburg1115-26.7%$519,000$475,0009.3%
Calverton311-72.7%$495,000$405,00022.2%
Brinklow20-$485,500$0-
Derwood1320-35%$465,000$429,5008.3%
Aspen Hill3041-26.8%$464,500$429,0008.3%
Gaithersburg4659-22%$445,000$458,000-2.8%
Hillandale21100%$440,000$466,500-5.7%
Colesville2325-8%$435,000$426,0002.1%
Kemp Mill813-38.5%$430,000$501,000-14.2%
North Kensington1821-14.3%$430,000$436,500-1.5%
White Oak714-50%$425,000$420,0001.2%

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