The median sale price of a home sold in the third quarter of 2020 in Aspen Hill rose by $17,600 while total sales decreased by 6.1%, according to BlockShopper.com.
From July through September of 2020, there were 108 homes sold, with a median sale price of $484,500 - a 3.8% increase over the $466,900 median sale price for the same period of the previous year. There were 115 homes sold in Aspen Hill in the third quarter of 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 the third quarter of 2020.
The following table compares Aspen Hill to other Montgomery County cities with similar median sales prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| White Oak | 44 | 27 | 63% | $514,750 | $425,000 | 21.1% |
| Cloverly | 28 | 30 | -6.7% | $505,500 | $427,500 | 18.2% |
| Fairland | 35 | 32 | 9.4% | $485,000 | $349,500 | 38.8% |
| Boyds | 2 | 6 | -66.7% | $484,950 | $673,156.50 | -28% |
| Kemp Mill | 25 | 33 | -24.2% | $484,900 | $450,000 | 7.8% |
| Aspen Hill | 108 | 115 | -6.1% | $484,500 | $466,900 | 3.8% |
| Wheaton-Glenmont | 116 | 137 | -15.3% | $431,500 | $389,900 | 10.7% |
| Damascus | 65 | 80 | -18.8% | $430,000 | $395,000 | 8.9% |
| Germantown | 232 | 242 | -4.1% | $410,000 | $377,450 | 8.6% |
| Burtonsville | 17 | 28 | -39.3% | $389,700 | $359,950 | 8.3% |
| Calverton | 16 | 18 | -11.1% | $380,000 | $429,300 | -11.5% |
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