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Sunday, November 24, 2024

Darnestown home prices fall in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Darnestown fell by $162,500 while total sales increased by 31.6%, according to BlockShopper.com.

From July through September of 2018, there were 25 homes sold, with a median sale price of $660,000 - a 19.8% decrease over the $822,500 median sale price for the same period of the previous year. There were 19 homes sold in Darnestown in the third 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 third quarter of 2018.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Brookeville58-37.5%$759,000$740,0002.6%
North Bethesda1008222%$737,500$728,0001.3%
Garrett Park9812.5%$725,000$630,00015.1%
North Potomac634153.7%$683,750$639,9006.9%
Ashton-Sandy Spring341888.9%$675,950$592,50014.1%
Darnestown251931.6%$660,000$822,500-19.8%
Laytonsville770%$632,000$690,000-8.4%
Boyds23-33.3%$600,000$365,00064.4%
Takoma Park4244-4.5%$575,000$580,000-0.9%
Washington Grove31200%$560,000$486,22415.2%
Rockville160172-7%$548,450$583,500-6%

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