In October 2019, there were 47 homes sold, with a median sale price of $515,000 - a 7.3% increase over the $480,000 median sale price for the same period of the previous year. There were 63 homes sold in Gaithersburg in October 2018.
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 October 2019.
The following table compares Gaithersburg to other Montgomery County cities with similar median sales prices in October 2019:
| City | Oct. 2019 Home Sales | Oct. 2018 Home Sales | % change (Total Home Sales) | Oct. 2019 Median Sales Price | Oct. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Brookeville | 2 | 1 | 100% | $611,925 | $566,000 | 8.1% |
| Garrett Park | 4 | 1 | 300% | $600,000 | $525,000 | 14.3% |
| Rockville | 41 | 49 | -16.3% | $579,000 | $465,000 | 24.5% |
| Laytonsville | 4 | 6 | -33.3% | $573,750 | $621,250 | -7.6% |
| Boyds | 2 | 2 | 0% | $552,450 | $367,500 | 50.3% |
| Gaithersburg | 47 | 63 | -25.4% | $515,000 | $480,000 | 7.3% |
| Silver Spring | 52 | 59 | -11.9% | $504,500 | $490,000 | 3% |
| Olney | 38 | 27 | 40.7% | $487,500 | $540,000 | -9.7% |
| Hillandale | 3 | 1 | 200% | $485,000 | $430,000 | 12.8% |
| Derwood | 15 | 22 | -31.8% | $480,000 | $502,250 | -4.4% |
| Kemp Mill | 12 | 20 | -40% | $472,000 | $446,500 | 5.7% |
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