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Darnestown home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Darnestown rose by $4,000 while total sales increased by 17.6%, according to BlockShopper.com.

From January through March of 2018, there were 20 homes sold, with a median sale price of $668,000 - a 0.6% increase over the $664,000 median sale price for the same period of the previous year. There were 17 homes sold in Darnestown in the first quarter of 2017.

The median sales tax in Darnestown for the most recent year with available data, 2016, was $8,054, approximately 1.2% of the median home sale price for the first quarter of 2018.

The following table compares Darnestown to other Montgomery County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Potomac1079710.3%$870,000$880,000-1.1%
Ashton-Sandy Spring715-53.3%$820,000$525,00056.2%
Cabin John8560%$815,000$705,00015.6%
Brookeville67-14.3%$795,000$675,00017.8%
Rossmoor20-$675,000$0-
Darnestown201717.6%$668,000$664,0000.6%
North Bethesda685036%$657,500$692,000-5%
North Potomac2933-12.1%$654,000$685,000-4.5%
South Kensington3137-16.2%$635,000$665,000-4.5%
Garrett Park910-10%$630,000$672,500-6.3%
Laytonsville126100%$555,000$712,500-22.1%

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