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Saturday, September 21, 2024

Clarksburg home prices rise in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Clarksburg rose by $35,000 while total sales increased by 52.4%, according to BlockShopper.com.

From January through March of 2020, there were 32 homes sold, with a median sale price of $440,000 - a 8.6% increase over the $405,000 median sale price for the same period of the previous year. There were 21 homes sold in Clarksburg in the first quarter of 2019.

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 2020.

The following table compares Clarksburg to other Montgomery County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Boyds41300%$455,000$465,000-2.2%
White Oak352825%$448,000$420,0006.7%
Ashton-Sandy Spring10911.1%$445,750$575,000-22.5%
North Kensington43414.9%$445,000$417,5006.6%
Kemp Mill2830-6.7%$442,500$401,50010.2%
Clarksburg322152.4%$440,000$405,0008.6%
Washington Grove31200%$435,000$255,00070.6%
Laytonsville93200%$425,000$351,00021.1%
Aspen Hill104986.1%$425,000$418,2501.6%
Hillandale5425%$423,000$432,950-2.3%
Damascus615119.6%$410,000$380,0007.9%

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