In March 2020, there were 44 homes sold, with a median sale price of $439,950 - a 1.7% decrease over the $447,500 median sale price for the same period of the previous year. There were 52 homes sold in Gaithersburg in March 2019.
The median sales tax in Gaithersburg for the most recent year with available data, 2016, was $5,166, approximately 1.2% of the median home sale price for March 2020.
The following table compares Gaithersburg to other Montgomery County cities with similar median sales prices in March 2020:
| City | Mar. 2020 Home Sales | Mar. 2019 Home Sales | % change (Total Home Sales) | Mar. 2020 Median Sales Price | Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Cloverly | 11 | 8 | 37.5% | $465,000 | $490,500 | -5.2% |
| Clarksburg | 12 | 11 | 9.1% | $462,450 | $405,000 | 14.2% |
| Aspen Hill | 26 | 35 | -25.7% | $451,500 | $480,000 | -5.9% |
| White Oak | 8 | 6 | 33.3% | $445,000 | $385,000 | 15.6% |
| Kemp Mill | 7 | 12 | -41.7% | $440,000 | $388,000 | 13.4% |
| Gaithersburg | 44 | 52 | -15.4% | $439,950 | $447,500 | -1.7% |
| North Kensington | 11 | 19 | -42.1% | $439,000 | $455,000 | -3.5% |
| Washington Grove | 1 | 1 | 0% | $435,000 | $255,000 | 70.6% |
| Boyds | 1 | 0 | - | $430,000 | $0 | - |
| Hillandale | 1 | 2 | -50% | $399,900 | $451,000 | -11.3% |
| Fairland | 11 | 11 | 0% | $382,000 | $382,000 | 0% |
Alerts Sign-up