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Tuesday, October 8, 2024

Dickerson home prices fall in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Dickerson fell by $318,000 while total sales increased by 120%, according to BlockShopper.com.

From January through June of 2017, there were 11 homes sold, with a median sale price of $282,000 - a 53% decrease over the $600,000 median sale price for the same period of the previous year. There were five homes sold in Dickerson in the first half of 2016.

The median sales tax in Dickerson for the most recent year with available data, 2016, was $4,350, approximately 1.5% of the median home sale price for the first half of 2017.

The following table compares Dickerson to other Montgomery County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Poolesville433522.9%$385,000$345,00011.6%
Washington Grove3250%$385,000$306,50025.6%
Boyds49-55.6%$373,275$320,00016.6%
Damascus162164-1.2%$371,000$343,9507.9%
Wheaton-Glenmont33628816.7%$356,844.50$330,0008.1%
Calverton46460%$342,500$345,500-0.9%
Burtonsville53506%$325,000$300,0008.3%
Germantown5945753.3%$325,000$309,0005.2%
Fairland987727.3%$321,950$310,0003.9%
Montgomery Village4414068.6%$293,000$270,0008.5%
Dickerson115120%$282,000$600,000-53%

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