Darnestown home prices rise in the third quarter of 2019

Darnestown home prices rise in the third quarter of 2019
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The median sale price of a home sold in the third quarter of 2019 in Darnestown rose by $89,000 while total sales decreased by 32%, according to BlockShopper.com.

From July through September of 2019, there were 17 homes sold, with a median sale price of $749,000 – a 13.5% increase over the $660,000 median sale price for the same period of the previous year. There were 25 homes sold in Darnestown in the third quarter of 2018.

The median sales tax in Darnestown for the most recent year with available data, 2016, was $8,054, approximately 1.1% of the median home sale price for the third quarter of 2019.

The following table compares Darnestown to other Montgomery County cities with similar median sales prices in the third quarter of 2019:

City July – Sept. 2019 Home Sales July – Sept. 2018 Home Sales % change (Total Home Sales) July – Sept. 2019 Median Sales Price July – Sept. 2018 Median Sales Price % change (Median Sales Price)
Travilah 38 45 -15.6% $1,121,250 $1,100,000 1.9%
Cabin John 7 8 -12.5% $1,100,000 $1,145,000 -3.9%
Bethesda 230 252 -8.7% $1,020,250 $1,027,000 -0.7%
Potomac 146 185 -21.1% $934,000 $935,000 -0.1%
Brookeville 9 5 80% $775,500 $759,000 2.2%
Darnestown 17 25 -32% $749,000 $660,000 13.5%
South Kensington 48 47 2.1% $734,250 $759,990 -3.4%
North Potomac 58 63 -7.9% $732,250 $683,750 7.1%
Ashton-Sandy Spring 17 34 -50% $709,900 $675,950 5%
Rossmoor 3 0 $700,000 $0
Boyds 6 2 200% $673,156.50 $600,000 12.2%


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