Median Sales Price of Residential Homes
1990-1997
1982-1989 1990-1997 1998-2002 2003-2005
| Housing Type | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 |
|---|---|---|---|---|---|---|---|---|
| New Single-Family Detached | ||||||||
| Median Price | $318,090 | $309,035 | $309,863 | $319,840 | $319,500 | $343,783 | $312,500 | $343,295 |
| Change from prior year | 10.8% | -2.8% | 0.3% | 3.2% | -0.1% | 7.6% | -9.1% | 9.9% |
| Existing Single-Family Detached | ||||||||
| Median Price | $207,000 | $208,000 | $217,000 | $217,000 | $220,000 | $220,700 | $225,500 | $230,000 |
| Percent Increase | 3.5% | 0.5% | 4.3% | 0.0% | 1.4% | 0.3% | 1.9% | 2.2% |
| New Single-Family Attached | ||||||||
| Median Price | $158,325 | $146,000 | $185,735 | $180,890 | $180,300 | $199,605 | $169,900 | $174,000 |
| Percent Increase | 8.9% | -7.8% | 27.2% | -2.6% | -0.3% | 10.7% | -14.9% | 2.4% |
| Existing Single-Family Attached | ||||||||
| Median Price | $126,000 | $128,000 | $128,500 | $130,000 | $131,000 | $130,000 | $132,000 | $134,900 |
| Percent Increase | 6.8% | 1.6% | 0.4% | 1.2% | 0.8% | -0.8% | 1.5% | 2.2% |
| All Single Family | ||||||||
| Median Price | $170,000 | $172,900 | $182,500 | $187,000 | $190,000 | $189,500 | $187,000 | $197,000 |
| Percent Increase | 2.1% | 1.7% | 5.5% | 2.5% | 1.6% | -0.3% | -1.3% | 5.3% |
| Median Household Income | $56,720 | $58,501 | $60,441 | $59,085 | $60,886 | $62,738 | $66,085 | $66,299 |
| CPI Percent Increase | 5.9 | 4.1 | 2.5 | 3.2 | 1.9 | 2.0 | 2.8 | 1.8 |
| NOTES: * Preliminary Source: Montgomery County Department of Park and Planning, Research and Technology Center, STAR System, revised May 2000 |
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