In April 2020, there were 44 homes sold, with a median sale price of $532,000 - a 7.5% increase over the $494,950 median sale price for the same period of the previous year. There were 52 homes sold in Gaithersburg in April 2019.
The median sales tax in Gaithersburg for the most recent year with available data, 2016, was $5,166, approximately 1% of the median home sale price for April 2020.
The following table compares Gaithersburg to other Montgomery County cities with similar median sales prices in April 2020:
| City | Apr. 2020 Home Sales | Apr. 2019 Home Sales | % change (Total Home Sales) | Apr. 2020 Median Sales Price | Apr. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Silver Spring | 33 | 36 | -8.3% | $610,000 | $574,224 | 6.2% |
| Ashton-Sandy Spring | 4 | 3 | 33.3% | $588,250 | $270,000 | 117.9% |
| Rockville | 43 | 36 | 19.4% | $582,500 | $492,450 | 18.3% |
| Takoma Park | 11 | 16 | -31.3% | $550,000 | $630,750 | -12.8% |
| Olney | 34 | 35 | -2.9% | $547,000 | $500,000 | 9.4% |
| Gaithersburg | 44 | 52 | -15.4% | $532,000 | $494,950 | 7.5% |
| Aspen Hill | 26 | 31 | -16.1% | $529,000 | $415,000 | 27.5% |
| White Oak | 4 | 4 | 0% | $514,500 | $414,000 | 24.3% |
| North Kensington | 20 | 17 | 17.6% | $502,500 | $450,000 | 11.7% |
| Derwood | 11 | 10 | 10% | $500,000 | $450,500 | 11% |
| Forest Glen | 14 | 8 | 75% | $479,950 | $476,250 | 0.8% |
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