Clarksburg home prices fall in the first quarter of 2018

Clarksburg home prices fall in the first quarter of 2018
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The median sale price of a home sold in the first quarter of 2018 in Clarksburg fell by $8,500 while total sales increased by 37.1%, according to BlockShopper.com.

From January through March of 2018, there were 48 homes sold, with a median sale price of $424,000 – a 2% decrease over the $432,500 median sale price for the same period of the previous year. There were 35 homes sold in Clarksburg in the first quarter of 2017.

The median sales tax in Clarksburg for the most recent year with available data, 2016, was $5,138, approximately 1.2% of the median home sale price for the first quarter of 2018.

The following table compares Clarksburg to other Montgomery County cities with similar median sales prices in the first quarter of 2018:

City Jan. – Mar. 2018 Home Sales Jan. – Mar. 2017 Home Sales % change (Total Home Sales) Jan. – Mar. 2018 Median Sales Price Jan. – Mar. 2017 Median Sales Price % change (Median Sales Price)
Forest Glen 23 22 4.5% $489,900 $423,875 15.6%
Olney 62 101 -38.6% $462,500 $475,000 -2.6%
Colesville 44 57 -22.8% $445,000 $433,500 2.7%
Cloverly 21 15 40% $438,000 $465,000 -5.8%
North Kensington 36 55 -34.5% $427,000 $399,999 6.8%
Clarksburg 48 35 37.1% $424,000 $432,500 -2%
Kemp Mill 37 48 -22.9% $420,000 $410,000 2.4%
White Oak 38 59 -35.6% $417,500 $383,500 8.9%
Aspen Hill 111 110 0.9% $407,500 $385,000 5.8%
Hillandale 2 6 -66.7% $404,950 $424,500 -4.6%
Gaithersburg 117 175 -33.1% $402,000 $429,700 -6.4%


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