Median Sales Price of Residential Homes
1998-2002
1982-1989 1990-1997 1998-2002 2003-2005
| Housing Type | 1998 | 1999 | 2000 | 2001 | 2002 |
|---|---|---|---|---|---|
| New Single-Family Detached | |||||
| Median Price | $361,742 | $364,195 | $390,670 | $436,458 | $481,286 |
| Change from prior year | 5.4% | 0.7% | 7.3% | 11.7% | 10.3% |
| Existing Single-Family Detached | |||||
| Median Price | $235,000 | $243,000 | $262,950 | $289,000 | $340,000 |
| Percent Increase | 2.2% | 3.4% | 8.2% | 9.9% | 17.6% |
| New Single-Family Attached | |||||
| Median Price | $218,622 | $212,217 | $262,384 | $265,380 | $277,978 |
| Percent Increase | 25.6% | -2.9% | 23.6% | 1.1% | 4.7% |
| Existing Single-Family Attached | |||||
| Median Price | $137,000 | $139,000 | $142,725 | $155,500 | $185,000 |
| Percent Increase | 1.6% | 1.5% | 2.7% | 9.0% | 19.0% |
| All Single Family | |||||
| Median Price | 205,000 | $205,000 | $217,500 | $236,077 | $282,918 |
| Percent Increase | 4.1% | 0.0% | 6.1% | 8.5% | 19.8% |
| Median Household Income | $69,862 | $71,551 | $74,930 | $76,713 | $78,647 |
| CPI Percent Increase | 1.3 | 2.1 | 3.3 | 2.6 | 2.3 |
| NOTES: Source: Montgomery County Department of Park and Planning, Research and Technology Center, STAR System, revised April 2003 |
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