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Monday, November 25, 2024

North Kensington home prices fall in August 2019

Re 10

The median sale price of a home sold in August 2019 in North Kensington fell by $40,050 while total sales decreased by 46.2%, according to BlockShopper.com.

In August 2019, there were 14 homes sold, with a median sale price of $399,950 - a 9.1% decrease over the $440,000 median sale price for the same period of the previous year. There were 26 homes sold in North Kensington in August 2018.

The median sales tax in North Kensington for the most recent year with available data, 2016, was $4,454, approximately 1.1% of the median home sale price for August 2019.

The following table compares North Kensington to other Montgomery County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Forest Glen126100%$462,250$535,000-13.6%
Dickerson110%$460,000$230,000100%
Kemp Mill1829-37.9%$450,000$427,0005.4%
Poolesville10742.9%$439,250$625,000-29.7%
White Oak620-70%$409,650$430,000-4.7%
North Kensington1426-46.2%$399,950$440,000-9.1%
Wheaton-Glenmont4462-29%$392,450$395,000-0.6%
Germantown87125-30.4%$389,000$380,0002.4%
Calverton8633.3%$385,000$404,500-4.8%
Damascus302425%$377,500$432,500-12.7%
Burtonsville1016-37.5%$359,950$335,7507.2%

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