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Friday, November 15, 2024

Darnestown 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 Darnestown fell by $120,000 while total sales decreased by 3.8%, according to BlockShopper.com.

From April through June of 2019, there were 25 homes sold, with a median sale price of $725,000 - a 14.2% decrease over the $845,000 median sale price for the same period of the previous year. There were 26 homes sold in Darnestown in the second quarter of 2018.

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 second quarter of 2019.

The following table compares Darnestown 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)
South Kensington60559.1%$800,000$807,000-0.9%
Brinklow110%$749,000$650,00015.2%
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%

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