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Friday, November 15, 2024

Brookeville home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Brookeville fell by $72,500 while total sales increased by 37.5%, according to BlockShopper.com.

From April through June of 2019, there were 11 homes sold, with a median sale price of $640,000 - a 10.2% decrease over the $712,500 median sale price for the same period of the previous year. There were eight homes sold in Brookeville in the second quarter of 2018.

The median sales tax in Brookeville for the most recent year with available data, 2016, was $7,534, approximately 1.2% of the median home sale price for the second quarter of 2019.

The following table compares Brookeville to other Montgomery County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
North Bethesda987924.1%$744,500$724,0002.8%
North Potomac4955-10.9%$732,000$701,0004.4%
Rossmoor21100%$731,167.50$715,0002.3%
Darnestown2526-3.8%$725,000$845,000-14.2%
Garrett Park511-54.5%$662,000$627,0005.6%
Brookeville11837.5%$640,000$712,500-10.2%
Takoma Park483060%$621,000$565,0009.9%
Ashton-Sandy Spring2025-20%$585,000$475,00023.2%
Silver Spring1741608.8%$557,000$537,5003.6%
Olney125129-3.1%$520,000$500,0004%
Laytonsville1121-47.6%$520,000$665,000-21.8%

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