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Monday, November 11, 2024

Poolesville home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Poolesville fell by $79,950 while total sales increased by 21.1%, according to BlockShopper.com.

From January through June of 2019, there were 46 homes sold, with a median sale price of $371,050 - a 17.7% decrease over the $451,000 median sale price for the same period of the previous year. There were 38 homes sold in Poolesville in the first half of 2018.

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 2019.

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

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Dickerson67-14.3%$432,500$326,70032.4%
Aspen Hill238247-3.6%$425,000$421,0001%
Wheaton-Glenmont28725711.7%$395,000$373,0005.9%
Damascus122138-11.6%$380,000$361,0005.3%
Calverton3035-14.3%$375,000$371,0001.1%
Poolesville463821.1%$371,050$451,000-17.7%
Washington Grove24-50%$365,000$479,500-23.9%
Germantown475483-1.7%$349,000$340,0002.6%
Fairland756810.3%$342,000$324,9005.3%
Burtonsville4451-13.7%$325,000$330,000-1.5%
Montgomery Village4123876.5%$315,000$309,0001.9%

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