The median sale price of a home sold in September 2020 in Aspen Hill rose by $32,000 while total sales increased by 20%, according to BlockShopper.com.
In September 2020, there were 36 homes sold, with a median sale price of $496,500 - a 6.9% increase over the $464,500 median sale price for the same period of the previous year. There were 30 homes sold in Aspen Hill in September 2019.
The median sales tax in Aspen Hill for the most recent year with available data, 2016, was $4,420, approximately 0.9% of the median home sale price for September 2020.
The following table compares Aspen Hill to other Montgomery County cities with similar median sales prices in September 2020:
| City | Sept. 2020 Home Sales | Sept. 2019 Home Sales | % change (Total Home Sales) | Sept. 2020 Median Sales Price | Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Silver Spring | 35 | 43 | -18.6% | $552,500 | $584,000 | -5.4% |
| Forest Glen | 7 | 6 | 16.7% | $540,000 | $584,950 | -7.7% |
| Colesville | 17 | 23 | -26.1% | $535,000 | $435,000 | 23% |
| Cloverly | 12 | 11 | 9.1% | $520,000 | $415,000 | 25.3% |
| Derwood | 11 | 13 | -15.4% | $500,000 | $465,000 | 7.5% |
| Aspen Hill | 36 | 30 | 20% | $496,500 | $464,500 | 6.9% |
| Gaithersburg | 52 | 46 | 13% | $492,450 | $445,000 | 10.7% |
| Ashton-Sandy Spring | 6 | 5 | 20% | $489,250 | $715,000 | -31.6% |
| Clarksburg | 21 | 11 | 90.9% | $487,000 | $519,000 | -6.2% |
| White Oak | 18 | 7 | 157.1% | $485,000 | $425,000 | 14.1% |
| Kemp Mill | 11 | 8 | 37.5% | $484,900 | $430,000 | 12.8% |
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