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Median Sales Price of Residential Homes

1982-1989

1982-1989 1990-1997 1998-2002 2003-2005

Median Housing Sales Price, 1982-1989
Montgomery County, MD
Housing Type 1982 1983 1984 1985 1986 1987 1988 1989
New Single-Family Detached
Median Price $124,000 $123,000 $142,500 $147,500 $166,445 $180,840 $230,900 $287,000
Change from prior year   -0.8% 15.9% 3.5% 12.8% 8.7% 27.7% 24.3%
Existing Single-Family Detached
Median Price $110,000 $110,000 $113,000 $117,000 $127,370 $140,000 $173,000 $200,000
Percent Increase   0.0% 2.7% 3.5% 8.9% 9.9% 23.6% 15.6%
New Single-Family Attached
Median Price $78,500 $82,500 $80,500 $90,500 $93,200 $105,350 $118,990 $145,450
Percent Increase   5.1% 2.4% 12.4% 3.0% 13.0% 12.9% 22.2%
Existing Single-Family Attached
Median Price $84,000 $74,500 $73,000 $75,000 $83,850 $86,000 $102,000 $118,000
Percent Increase   11.3% 2.0% 2.7% 11.8% 2.6% 18.6% 15.7%
All Single Family
Median Price $95,000 $95,500 $98,000 $106,000 $115,000 $124,000 $145,000 $166,500
Percent Increase   0.5% 2.6% 8.2% 8.5% 7.8% 16.9% 14.8%
Median Household Income $37,484 $39,154 $41,844 $44,148 $46,745 $48,917 $51,693 $54,089
CPI Percent Increase   4.5 4.9 4.2 2.8 3.6 4.1 5.8
NOTES:
* Preliminary
Source: Montgomery County Department of Park and Planning, Research and Technology Center, static STAR System. Revised February 2007