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Monday, August 4, 2025

Garrett Park home prices rise in June 2017

Realestate4

The median sale price of a home sold in June 2017 in Garrett Park rose by $85,250 while total sales decreased by 50%, according to BlockShopper.com.

In June 2017, there were two homes sold, with a median sale price of $642,500 - a 15.3% increase over the $557,250 median sale price for the same period of the previous year. There were four homes sold in Garrett Park in June 2016.

The median sales tax in Garrett Park for the most recent year with available data, 2016, was $6,247, approximately 1% of the median home sale price for June 2017.

The following table compares Garrett Park to other Montgomery County cities with similar median sales prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
North Potomac2025-20%$739,125$744,000-0.7%
Laytonsville41300%$693,500$745,000-6.9%
Brookeville330%$668,500$574,90016.3%
Darnestown10100%$657,234.50$739,500-11.1%
North Bethesda3032-6.3%$649,500$662,750-2%
Garrett Park24-50%$642,500$557,25015.3%
Rockville5261-14.8%$595,500$570,0004.5%
Takoma Park201442.9%$535,000$584,500-8.5%
Boyds15-80%$532,000$370,00043.8%
Derwood3015100%$517,450$448,80015.3%
Silver Spring866532.3%$497,500$499,000-0.3%

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