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Friday, November 15, 2024

North Bethesda home prices rise in the first quarter of 2019

Realestate5

The median sale price of a home sold in the first quarter of 2019 in North Bethesda rose by $53,500 while total sales decreased by 22.1%, according to BlockShopper.com.

From January through March of 2019, there were 53 homes sold, with a median sale price of $711,000 - a 8.1% increase over the $657,500 median sale price for the same period of the previous year. There were 68 homes sold in North Bethesda in the first quarter of 2018.

The median sales tax in North Bethesda for the most recent year with available data, 2016, was $7,399, approximately 1% of the median home sale price for the first quarter of 2019.

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

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Bethesda137166-17.5%$980,000$954,0002.7%
Brookeville16-83.3%$875,000$795,00010.1%
Potomac1111073.7%$875,000$870,0000.6%
South Kensington2331-25.8%$727,500$635,00014.6%
Darnestown1220-40%$723,750$668,0008.3%
North Bethesda5368-22.1%$711,000$657,5008.1%
North Potomac2329-20.7%$670,000$654,0002.4%
Garrett Park990%$665,000$630,0005.6%
Takoma Park2535-28.6%$605,000$530,50014%
Brinklow13-66.7%$600,000$310,87093%
Ashton-Sandy Spring9728.6%$575,000$820,000-29.9%

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