In January 2020, there were 47 homes sold, with a median sale price of $485,000 - a 16.9% increase over the $415,000 median sale price for the same period of the previous year. There were 46 homes sold in Gaithersburg in January 2019.
The median sales tax in Gaithersburg for the most recent year with available data, 2016, was $5,166, approximately 1.1% of the median home sale price for January 2020.
The following table compares Gaithersburg to other Montgomery County cities with similar median sales prices in January 2020:
| City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Forest Glen | 4 | 5 | -20% | $517,500 | $445,000 | 16.3% |
| Takoma Park | 6 | 13 | -53.8% | $510,000 | $605,000 | -15.7% |
| Silver Spring | 36 | 40 | -10% | $510,000 | $510,000 | 0% |
| Colesville | 13 | 22 | -40.9% | $510,000 | $427,500 | 19.3% |
| Clarksburg | 10 | 3 | 233.3% | $497,500 | $429,999 | 15.7% |
| Gaithersburg | 47 | 46 | 2.2% | $485,000 | $415,000 | 16.9% |
| Boyds | 3 | 1 | 200% | $480,000 | $465,000 | 3.2% |
| North Kensington | 12 | 14 | -14.3% | $478,000 | $409,950 | 16.6% |
| Olney | 36 | 32 | 12.5% | $465,000 | $454,950 | 2.2% |
| Cloverly | 9 | 4 | 125% | $465,000 | $466,935 | -0.4% |
| Kemp Mill | 8 | 11 | -27.3% | $450,000 | $420,000 | 7.1% |
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