From January through March of 2019, there were 25 homes sold, with a median sale price of $605,000 - a 14% increase over the $530,500 median sale price for the same period of the previous year. There were 35 homes sold in Takoma Park in the first quarter of 2018.
The median sales tax in Takoma Park for the most recent year with available data, 2016, was $7,500, approximately 1.2% of the median home sale price for the first quarter of 2019.
The following table compares Takoma Park to other Montgomery County cities with similar median sales prices in the first quarter of 2019:
| City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| South Kensington | 23 | 31 | -25.8% | $727,500 | $635,000 | 14.6% |
| Darnestown | 12 | 20 | -40% | $723,750 | $668,000 | 8.3% |
| North Bethesda | 53 | 68 | -22.1% | $711,000 | $657,500 | 8.1% |
| North Potomac | 23 | 29 | -20.7% | $670,000 | $654,000 | 2.4% |
| Garrett Park | 9 | 9 | 0% | $665,000 | $630,000 | 5.6% |
| Takoma Park | 25 | 35 | -28.6% | $605,000 | $530,500 | 14% |
| Brinklow | 1 | 3 | -66.7% | $600,000 | $310,870 | 93% |
| Ashton-Sandy Spring | 9 | 7 | 28.6% | $575,000 | $820,000 | -29.9% |
| Rockville | 102 | 105 | -2.9% | $530,000 | $513,000 | 3.3% |
| Rossmoor | 1 | 2 | -50% | $499,000 | $675,000 | -26.1% |
| Silver Spring | 103 | 131 | -21.4% | $481,500 | $508,000 | -5.2% |
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