In June 2018, there were 85 homes sold, with a median sale price of $540,000 - a 14.4% increase over the $472,000 median sale price for the same period of the previous year. There were 77 homes sold in Gaithersburg in June 2017.
The median sales tax in Gaithersburg for the most recent year with available data, 2016, was $5,166, approximately 1% of the median home sale price for June 2018.
The following table compares Gaithersburg to other Montgomery County cities with similar median sales prices in June 2018:
| City | June 2018 Home Sales | June 2017 Home Sales | % change (Total Home Sales) | June 2018 Median Sales Price | June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Garrett Park | 5 | 2 | 150% | $625,000 | $642,500 | -2.7% |
| Ashton-Sandy Spring | 13 | 9 | 44.4% | $609,000 | $750,000 | -18.8% |
| Takoma Park | 8 | 20 | -60% | $585,000 | $535,000 | 9.3% |
| Washington Grove | 1 | 1 | 0% | $545,000 | $400,000 | 36.3% |
| Silver Spring | 67 | 86 | -22.1% | $541,000 | $497,500 | 8.7% |
| Gaithersburg | 85 | 77 | 10.4% | $540,000 | $472,000 | 14.4% |
| Rockville | 70 | 52 | 34.6% | $537,750 | $595,500 | -9.7% |
| North Kensington | 19 | 24 | -20.8% | $525,000 | $435,000 | 20.7% |
| Olney | 51 | 52 | -1.9% | $498,000 | $478,500 | 4.1% |
| Poolesville | 10 | 8 | 25% | $490,000 | $462,500 | 5.9% |
| Forest Glen | 11 | 11 | 0% | $485,000 | $495,000 | -2% |
Alerts Sign-up