Montgomery County Planning Department
Research Center
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Median Sales Price of Residential Homes, 2003

Median Housing Sales Price by Planning Area, 2003
Montgomery County, MD
Planning Area New
Single-Family
Detached
Existing
Single-Family
Detached
New
Townhouse
Existing
Townhouse
All
Single-Family
Types
Aspen Hill NA $310,000 $302,300 $240,000 $285,000
Bennett NA $342,500 NA NA $339,500
Bethesda $973,120 $628,800 NA $464,950 $620,000
Clarksburg $481,645 $470,000 $352,080 $364,305 $375,270
Cloverly $808,350 $380,000 NA $185,000 $380,000
Damascus $594,470 $290,000 NA $160,530 $254,000
Darnestown NA $520,000 NA $280,000 $479,495
Dickerson NA NA NA NA NA
Fairland $517,825 $349,985 NA $211,000 $239,000
Gaithersburg
City
$604,005 $400,000 $380,085 $255,000 $311,930
Gaithersburg
Vicinity
NA $350,000 NA $200,000 $226,000
Germantown $489,595 $400,000 $287,100 $209,000 $245,000
Goshen $683,415 $470,000 NA NA $480,000
Kemp Mill NA $306,190 NA $202,000 $300,000
Kensington/
Wheaton
$480,000 $283,000 NA $215,000 $277,500
Lower Seneca NA NA NA NA $474,950
Martinsburg
& Vicinity
NA NA NA NA NA
North Bethesda NA $449,000 $785,920 $474,950 $465,000
Olney $723,590 $425,000 NA $248,500 $362,250
Patuxent $627,125 $424,500 NA NA $499,000
Poolesville NA $329,900 NA $130,000 $280,000
Potomac NA $675,000 NA $426,500 $630,000
Rock Creek $573,140 $434,750 NA $237,950 $420,000
Rockville $692,100 $322,000 $410,280 $353,000 $376,390
Silver Spring NA $370,000 NA $330,000 $369,000
Takoma Park* NA $299,950 NA $175,000 $287,750
Travilah $722,225 $620,000 NA $308,200 $549,000
White Oak NA $344,950 $346,450 $250,350 $325,000
County $590,760 $383,000 $367,200 $229,000 $320,645
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, April 2004

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