Montgomery County Planning Department
Research Center
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Median Sales Price of Residential Homes, 1997

Median Housing Sales Price by Planning Area, 1997
Montgomery County, MD
Planning Area New
Single-Family
Detached
Existing
Single-Family
Detached
New
Townhouse
Existing
Townhosue
All
Single-Family
Types
Aspen Hill NA $179,900 $180,000 $140,000 $165,500
Bennett NA $172,500 NA NA $153,000
Bethesda NA $345,000 NA $207,500 $340,000
Clarksburg NA $175,000 NA NA $225,000
Cloverly $375,615 $228,500 NA $114,900 $165,000
Damascus NA $167,000 NA $88,102 $172,500
Darnestown $460,851 $335,000 NA $129,000 $335,000
Dickerson NA NA NA NA NA
Fairland NA $199,900 NA $125,000 $144,500
Gaithersburg
City
$377,898 $240,000 $248,962 $139,900 $213,944
Gaithersburg
Vicinity
$271,636 $203,000 $203,610 $121,000 $148,000
Germantown $250,000 $234,000 $154,815 $124,000 $157,000
Goshen $359,250 $271,600 NA NA $278,500
Kemp Mill NA $165,000 NA $134,500 $160,650
Kensington/
Wheaton
NA $160,000 NA $147,000 $159,000
Lower Seneca NA NA NA NA NA
Martinsburg
& Vicinity
NA NA NA NA NA
North Bethesda NA $233,575 NA $242,000 $242,000
Olney $324,000 $239,000 $200,000 $138,000 $212,000
Patuxent NA $192,000 NA NA $192,000
Poolesville NA $242,000 NA NA $223,000
Potomac $551,500 $437,000 $105,963 $295,000 $400,000
Rock Creek NA $270,000 NA $137,000 $270,000
Rockville $302,385 $186,900 $280,736 $177,500 $215,000
Silver Spring NA $193,000 NA NA $194,250
Takoma Park* NA $158,500 NA NA $158,500
Travilah $449,105 $355,075 $315,750 $185,000 $323,000
White Oak NA $189,000 NA $150,000 $180,900
County $343,295 $230,000 $174,000 $134,900 $197,000
NOTES:
Data include market priced housing and exclude bulk transfers of property,transfers made among relatives, and transfers made without transactions or less than 20 such transactions. Prices are determined by tax stamps paid at the time of transfers.
* Does not include the unified portion from Prince George's County (unified July 1, 1997) NA indicates that there were less than 20 transactions.

Source: Montgomery County Department of Park and Planning, Research and Technology Center; Sales Transactions Automated Report, Compiled by data provided by the State Department of Assessment and Taxation, October 1998.

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