Quantcast

Montgomery News

Friday, November 15, 2024

Takoma Park home prices rise in the first half of 2019

Re 14

The median sale price of a home sold in the first half of 2019 in Takoma Park rose by $66,000 while total sales increased by 12.3%, according to BlockShopper.com.

From January through June of 2019, there were 73 homes sold, with a median sale price of $620,000 - a 11.9% increase over the $554,000 median sale price for the same period of the previous year. There were 65 homes sold in Takoma Park in the first half 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 half of 2019.

The following table compares Takoma Park to other Montgomery County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Rossmoor330%$727,335$680,0007%
Darnestown3746-19.6%$725,000$774,000-6.3%
Brinklow24-50%$674,500$480,43540.4%
Garrett Park1420-30%$663,500$628,5005.6%
Brookeville1214-14.3%$660,000$770,000-14.3%
Takoma Park736512.3%$620,000$554,00011.9%
Ashton-Sandy Spring2932-9.4%$575,000$484,75018.6%
Silver Spring277291-4.8%$532,500$527,5000.9%
Rockville246264-6.8%$505,000$536,750-5.9%
Olney21319111.5%$500,000$482,5003.6%
Laytonsville1433-57.6%$492,500$630,000-21.8%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS