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Saturday, September 21, 2024

Darnestown home prices rise in the second quarter of 2018

Realestate4

The median sale price of a home sold in the second quarter of 2018 in Darnestown rose by $115,000 while total sales remained unchanged with 26 homes sold, according to BlockShopper.com.

From April through June of 2018, there were 26 homes sold, with a median sale price of $845,000 - a 15.8% increase over the $730,000 median sale price for the same period of the previous year. There were 26 homes sold in Darnestown in the second quarter of 2017, as well.

The median sales tax in Darnestown for the most recent year with available data, 2016, was $8,054, approximately 1% of the median home sale price for the second quarter of 2018.

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

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Chevy Chase655518.2%$1,275,000$1,160,0009.9%
Cabin John9728.6%$1,142,000$835,00036.8%
Bethesda274286-4.2%$1,058,000$938,50012.7%
Travilah3538-7.9%$1,050,000$1,068,640-1.7%
Potomac18416710.2%$899,500$955,000-5.8%
Darnestown26260%$845,000$730,00015.8%
South Kensington554037.5%$807,000$772,7504.4%
North Bethesda7989-11.2%$724,000$699,9003.4%
Rossmoor13-66.7%$715,000$715,0000%
Brookeville8633.3%$712,500$601,75018.4%
North Potomac5568-19.1%$701,000$732,500-4.3%

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