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Monday, August 4, 2025

North Kensington home prices rise in the first quarter of 2017

Realestate3

The median sale price of a home sold in the first quarter of 2017 in North Kensington rose by $10,999 while total sales increased by 52.8%, according to BlockShopper.com.

From January through March of 2017, there were 55 homes sold, with a median sale price of $399,999 - a 2.8% increase over the $389,000 median sale price for the same period of the previous year. There were 36 homes sold in North Kensington in the first quarter of 2016.

The median sales tax in North Kensington for the most recent year with available data, 2016, was $4,454, approximately 1.1% of the median home sale price for the first quarter of 2017.

The following table compares North Kensington to other Montgomery County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Clarksburg3551-31.4%$432,500$424,0002%
Gaithersburg17514719%$429,700$421,0002.1%
Hillandale660%$424,500$379,95011.7%
Forest Glen2224-8.3%$423,875$437,500-3.1%
Kemp Mill482592%$410,000$407,0000.7%
North Kensington553652.8%$399,999$389,0002.8%
Takoma Park342441.7%$394,450$465,000-15.2%
Aspen Hill1101063.8%$385,000$356,0008.1%
White Oak5928110.7%$383,500$370,0003.6%
Damascus766026.7%$361,000$290,40024.3%
Wheaton-Glenmont16511741%$355,000$315,00012.7%

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