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Friday, November 15, 2024

Darnestown home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Darnestown fell by $49,000 while total sales decreased by 19.6%, according to BlockShopper.com.

From January through June of 2019, there were 37 homes sold, with a median sale price of $725,000 - a 6.3% decrease over the $774,000 median sale price for the same period of the previous year. There were 46 homes sold in Darnestown in the first half 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 half of 2019.

The following table compares Darnestown 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)
Potomac289291-0.7%$895,000$895,0000%
South Kensington8386-3.5%$795,000$753,7505.5%
North Bethesda1511472.7%$731,900$699,0004.7%
North Potomac7284-14.3%$729,500$690,0005.7%
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%

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