Poolesville home prices rise in the first half of 2017

Poolesville home prices rise in the first half of 2017
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The median sale price of a home sold in the first half of 2017 in Poolesville rose by $40,000 while total sales increased by 22.9%, according to BlockShopper.com.

From January through June of 2017, there were 43 homes sold, with a median sale price of $385,000 – a 11.6% increase over the $345,000 median sale price for the same period of the previous year. There were 35 homes sold in Poolesville in the first half of 2016.

The median sales tax in Poolesville for the most recent year with available data, 2016, was $4,439, approximately 1.2% of the median home sale price for the first half of 2017.

The following table compares Poolesville to other Montgomery County cities with similar median sales prices in the first half of 2017:

City Jan. – June 2017 Home Sales Jan. – June 2016 Home Sales % change (Total Home Sales) Jan. – June 2017 Median Sales Price Jan. – June 2016 Median Sales Price % change (Median Sales Price)
Clarksburg 94 98 -4.1% $431,250 $425,000 1.5%
North Kensington 124 100 24% $425,000 $424,500 0.1%
Kemp Mill 94 85 10.6% $410,000 $412,500 -0.6%
Aspen Hill 263 242 8.7% $400,000 $370,000 8.1%
White Oak 101 78 29.5% $388,800 $391,250 -0.6%
Poolesville 43 35 22.9% $385,000 $345,000 11.6%
Washington Grove 3 2 50% $385,000 $306,500 25.6%
Boyds 4 9 -55.6% $373,275 $320,000 16.6%
Damascus 162 164 -1.2% $371,000 $343,950 7.9%
Wheaton-Glenmont 336 288 16.7% $356,844.50 $330,000 8.1%
Calverton 46 46 0% $342,500 $345,500 -0.9%


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