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Sunday, November 24, 2024

Darnestown home prices rise in the first half of 2020

Realestate5

The median sale price of a home sold in the first half of 2020 in Darnestown rose by $35,000 while total sales increased by 27%, according to BlockShopper.com.

From January through June of 2020, there were 47 homes sold, with a median sale price of $760,000 - a 4.8% increase over the $725,000 median sale price for the same period of the previous year. There were 37 homes sold in Darnestown in the first half of 2019.

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 first half of 2020.

The following table compares Darnestown to other Montgomery County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Chevy Chase106112-5.4%$1,176,250$1,150,0002.3%
Bethesda351385-8.8%$1,019,000$995,0002.4%
Travilah5254-3.7%$1,000,000$1,252,500-20.2%
Potomac257289-11.1%$925,000$895,0003.4%
Darnestown473727%$760,000$725,0004.8%
South Kensington8183-2.4%$750,000$795,000-5.7%
Cabin John29-77.8%$747,000$944,657-20.9%
North Bethesda137151-9.3%$735,000$731,9000.4%
North Potomac6872-5.6%$721,250$729,500-1.1%
Laytonsville231464.3%$710,000$492,50044.2%
Garrett Park15147.1%$684,950$663,5003.2%

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