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Monday, November 25, 2024

Brookeville home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Brookeville rose by $19,000 while total sales decreased by 37.5%, according to BlockShopper.com.

From July through September of 2018, there were five homes sold, with a median sale price of $759,000 - a 2.6% increase over the $740,000 median sale price for the same period of the previous year. There were eight homes sold in Brookeville in the third quarter of 2017.

The median sales tax in Brookeville for the most recent year with available data, 2016, was $7,534, approximately 1% of the median home sale price for the third quarter of 2018.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Cabin John8633.3%$1,145,000$1,297,500-11.8%
Travilah45442.3%$1,100,000$1,099,4500.1%
Bethesda252260-3.1%$1,027,000$975,7505.3%
Potomac18515519.4%$935,000$910,0002.7%
South Kensington474114.6%$759,990$665,00014.3%
Brookeville58-37.5%$759,000$740,0002.6%
North Bethesda1008222%$737,500$728,0001.3%
Garrett Park9812.5%$725,000$630,00015.1%
North Potomac634153.7%$683,750$639,9006.9%
Ashton-Sandy Spring341888.9%$675,950$592,50014.1%
Darnestown251931.6%$660,000$822,500-19.8%

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