In October 2018, there were 63 homes sold, with a median sale price of $480,000 - a 4.9% increase over the $457,500 median sale price for the same period of the previous year. There were 57 homes sold in Gaithersburg in October 2017.
The median sales tax in Gaithersburg for the most recent year with available data, 2016, was $5,166, approximately 1.1% of the median home sale price for October 2018.
The following table compares Gaithersburg to other Montgomery County cities with similar median sales prices in October 2018:
| City | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Rossmoor | 2 | 0 | - | $538,000 | $0 | - |
| Garrett Park | 1 | 2 | -50% | $525,000 | $1,071,500 | -51% |
| Ashton-Sandy Spring | 8 | 5 | 60% | $507,500 | $792,500 | -36% |
| Derwood | 22 | 16 | 37.5% | $502,250 | $482,500 | 4.1% |
| Silver Spring | 59 | 45 | 31.1% | $490,000 | $490,000 | 0% |
| Gaithersburg | 63 | 57 | 10.5% | $480,000 | $457,500 | 4.9% |
| Colesville | 16 | 18 | -11.1% | $477,500 | $435,500 | 9.6% |
| Cloverly | 8 | 10 | -20% | $469,200 | $422,500 | 11.1% |
| Rockville | 49 | 60 | -18.3% | $465,000 | $478,750 | -2.9% |
| Kemp Mill | 20 | 14 | 42.9% | $446,500 | $417,250 | 7% |
| Aspen Hill | 45 | 41 | 9.8% | $440,000 | $430,000 | 2.3% |
Alerts Sign-up