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Thursday, November 7, 2024

Montgomery County home prices rose in Q1

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The median sale price of a home sold in the first quarter of 2023 in Montgomery County rose by $736 while total sales decreased by 51.3%.

From January through March of 2023, there were 1,175 homes sold, with a median sale price of $187,488 - a 0.4% increase over the $186,752 median sale price for the same period of the previous year. There were 2,414 homes sold in Montgomery County in the first quarter of 2022.

The median sales tax in Montgomery County for the most recent year with available data, 2021, was $3,887 approximately 2.1% of the median home sale price for the first quarter of 2023.

The following histogram displays changes in median sales prices in Montgomery County from January 2022 to March 2023.

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023$186752$186752$190534$190534$171264$171264$161310$161310$187488$187488

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