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Friday, November 15, 2024

Poolesville home prices rise in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Poolesville rose by $54,500 while total sales increased by 13.2%, according to BlockShopper.com.

From July through December of 2019, there were 60 homes sold, with a median sale price of $492,500 - a 12.4% increase over the $438,000 median sale price for the same period of the previous year. There were 53 homes sold in Poolesville in the second half of 2018.

The median sales tax in Poolesville for the most recent year with available data, 2016, was $4,439, approximately 0.9% of the median home sale price for the second half of 2019.

The following table compares Poolesville to other Montgomery County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Rockville31328410.2%$541,000$537,2500.7%
Silver Spring289324-10.8%$535,000$522,5002.4%
Brinklow3250%$511,000$457,00011.8%
Olney2392227.7%$505,000$494,7502.1%
Colesville129139-7.2%$495,000$479,9003.1%
Poolesville605313.2%$492,500$438,00012.4%
Derwood94106-11.3%$479,950$470,5002%
Hillandale1112-8.3%$479,000$483,250-0.9%
Forest Glen503735.1%$478,250$505,000-5.3%
Gaithersburg333385-13.5%$465,000$495,000-6.1%
Kemp Mill7284-14.3%$463,500$437,0006.1%

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