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Sunday, November 24, 2024

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:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Travilah3845-15.6%$1,121,250$1,100,0001.9%
Cabin John78-12.5%$1,100,000$1,145,000-3.9%
Bethesda230252-8.7%$1,020,250$1,027,000-0.7%
Potomac146185-21.1%$934,000$935,000-0.1%
Brookeville9580%$775,500$759,0002.2%
Darnestown1725-32%$749,000$660,00013.5%
South Kensington48472.1%$734,250$759,990-3.4%
North Potomac5863-7.9%$732,250$683,7507.1%
Ashton-Sandy Spring1734-50%$709,900$675,9505%
Rossmoor30-$700,000$0-
Boyds62200%$673,156.50$600,00012.2%

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