Poolesville home prices rise in the second quarter of 2018

Poolesville home prices rise in the second quarter of 2018
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The median sale price of a home sold in the second quarter of 2018 in Poolesville rose by $107,550 while total sales decreased by 4.2%, according to BlockShopper.com.

From April through June of 2018, there were 23 homes sold, with a median sale price of $515,000 – a 26.4% increase over the $407,450 median sale price for the same period of the previous year. There were 24 homes sold in Poolesville in the second quarter of 2017.

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 quarter of 2018.

The following table compares Poolesville to other Montgomery County cities with similar median sales prices in the second quarter of 2018:

City Apr. – June 2018 Home Sales Apr. – June 2017 Home Sales % change (Total Home Sales) Apr. – June 2018 Median Sales Price Apr. – June 2017 Median Sales Price % change (Median Sales Price)
Hillandale 2 4 -50% $599,500 $484,000 23.9%
Rockville 159 162 -1.9% $590,000 $533,000 10.7%
Takoma Park 30 47 -36.2% $565,000 $580,000 -2.6%
Boyds 2 1 100% $542,450 $532,000 2%
Silver Spring 160 204 -21.6% $537,500 $515,750 4.2%
Poolesville 23 24 -4.2% $515,000 $407,450 26.4%
Gaithersburg 212 201 5.5% $514,950 $460,000 11.9%
Olney 129 121 6.6% $500,000 $485,000 3.1%
Forest Glen 29 20 45% $482,250 $492,000 -2%
Washington Grove 2 3 -33.3% $479,500 $385,000 24.5%
Ashton-Sandy Spring 25 22 13.6% $475,000 $612,495 -22.4%


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