Colesville home prices rise in September 2020

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The median sale price of a home sold in September 2020 in Colesville rose by $100,000 while total sales decreased by 26.1%, according to BlockShopper.com.

In September 2020, there were 17 homes sold, with a median sale price of $535,000 - a 23% increase over the $435,000 median sale price for the same period of the previous year. There were 23 homes sold in Colesville in September 2019.

The median sales tax in Colesville for the most recent year with available data, 2016, was $5,084, approximately 1% of the median home sale price for September 2020.

The following table compares Colesville to other Montgomery County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Rockville3841-7.3%$592,500$600,000-1.3%
North Kensington211816.7%$585,000$430,00036%
Olney3234-5.9%$567,500$525,0008.1%
Silver Spring3543-18.6%$552,500$584,000-5.4%
Forest Glen7616.7%$540,000$584,950-7.7%
Colesville1723-26.1%$535,000$435,00023%
Cloverly12119.1%$520,000$415,00025.3%
Derwood1113-15.4%$500,000$465,0007.5%
Aspen Hill363020%$496,500$464,5006.9%
Gaithersburg524613%$492,450$445,00010.7%
Ashton-Sandy Spring6520%$489,250$715,000-31.6%

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