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Saturday, September 21, 2024

Cloverly home prices rise in 2019

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The median sale price of a home sold in 2019 in Cloverly rose by $4,500 while total sales increased by 0.9%, according to BlockShopper.com.

From January through December of 2019, there were 112 homes sold, with a median sale price of $450,000 - a 1% increase over the $445,500 median sale price for the previous year. There were 111 homes sold in Cloverly in 2018.

The median sales tax in Cloverly for the most recent year with available data, 2016, was $4,664, approximately 1% of the median home sale price for 2019.

The following table compares Cloverly to other Montgomery County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Forest Glen91892.2%$481,500$490,000-1.7%
Derwood175197-11.2%$470,000$460,0002.2%
Gaithersburg677714-5.2%$470,000$482,750-2.6%
Kemp Mill151152-0.7%$455,000$439,0003.6%
Hillandale16160%$455,000$454,9500%
Cloverly1121110.9%$450,000$445,5001%
North Kensington2122043.9%$450,000$445,0001.1%
Clarksburg171179-4.5%$450,000$448,0000.4%
White Oak132160-17.5%$435,250$415,0004.9%
Aspen Hill479511-6.3%$435,000$425,7002.2%
Poolesville1069116.5%$422,250$445,000-5.1%

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