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Friday, November 15, 2024

Darnestown home prices rise in the first quarter of 2019

Realestate4

The median sale price of a home sold in the first quarter of 2019 in Darnestown rose by $55,750 while total sales decreased by 40%, according to BlockShopper.com.

From January through March of 2019, there were 12 homes sold, with a median sale price of $723,750 - a 8.3% increase over the $668,000 median sale price for the same period of the previous year. There were 20 homes sold in Darnestown in the first 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 first quarter of 2019.

The following table compares Darnestown 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)
Cabin John28-75%$1,021,750$815,00025.4%
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%

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