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Sunday, November 24, 2024

Darnestown home prices fall in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Darnestown fell by $9,500 while total sales increased by 42.9%, according to BlockShopper.com.

From October through December of 2019, there were 20 homes sold, with a median sale price of $752,500 - a 1.2% decrease over the $762,000 median sale price for the same period of the previous year. There were 14 homes sold in Darnestown in the fourth 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 fourth quarter of 2019.

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

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Chevy Chase614535.6%$1,125,000$1,050,0007.1%
Travilah312714.8%$1,025,000$1,105,000-7.2%
Bethesda22718224.7%$1,000,000$957,5004.4%
Potomac1351248.9%$869,999$897,500-3.1%
Darnestown201442.9%$752,500$762,000-1.2%
Cabin John62200%$732,500$884,500-17.2%
North Potomac443815.8%$711,000$686,0003.6%
South Kensington3337-10.8%$700,000$753,000-7%
Brinklow110%$675,000$729,000-7.4%
Washington Grove10-$665,000$0-
North Bethesda764858.3%$660,000$702,500-6%

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