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Friday, December 27, 2024

Dickerson home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Dickerson rose by $144,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From October through December of 2018, there were three homes sold, with a median sale price of $729,000 - a 24.6% increase over the $585,000 median sale price for the same period of the previous year. There were three homes sold in Dickerson in the fourth quarter of 2017, as well.

The median sales tax in Dickerson for the most recent year with available data, 2016, was $4,350, approximately 0.6% of the median home sale price for the fourth quarter of 2018.

The following table compares Dickerson to other Montgomery County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Bethesda1821679%$957,500$950,0000.8%
Potomac1249530.5%$897,500$860,0004.4%
Cabin John24-50%$884,500$986,250-10.3%
Darnestown141040%$762,000$672,40013.3%
South Kensington372737%$753,000$729,0003.3%
Dickerson330%$729,000$585,00024.6%
Brinklow110%$729,000$460,00058.5%
Brookeville5366.7%$717,500$382,00087.8%
North Bethesda4860-20%$702,500$639,5009.9%
North Potomac38358.6%$686,000$685,0000.1%
Laytonsville913-30.8%$665,000$624,9006.4%

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