From January through June of 2018, there were 95 homes sold, with a median sale price of $1,200,000 - a 3.9% increase over the $1,154,950 median sale price for the same period of the previous year. There were 106 homes sold in Chevy Chase in the first half of 2017.
The median sales tax in Chevy Chase for the most recent year with available data, 2016, was $11,021, approximately 0.9% of the median home sale price for the first half of 2018.
The following table compares Chevy Chase to other Montgomery County cities with similar median sales prices in the first half of 2018:
City | Jan. - June 2018 Home Sales | Jan. - June 2017 Home Sales | % change (Total Home Sales) | Jan. - June 2018 Median Sales Price | Jan. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Chevy Chase | 95 | 106 | -10.4% | $1,200,000 | $1,154,950 | 3.9% |
Bethesda | 440 | 497 | -11.5% | $998,000 | $935,000 | 6.7% |
Travilah | 62 | 74 | -16.2% | $992,500 | $1,008,317 | -1.6% |
Cabin John | 17 | 12 | 41.7% | $945,000 | $799,000 | 18.3% |
Potomac | 291 | 264 | 10.2% | $895,000 | $904,509 | -1.1% |
Darnestown | 46 | 43 | 7% | $774,000 | $695,000 | 11.4% |
Brookeville | 14 | 13 | 7.7% | $770,000 | $668,500 | 15.2% |
South Kensington | 86 | 77 | 11.7% | $753,750 | $745,000 | 1.2% |
North Bethesda | 147 | 139 | 5.8% | $699,000 | $695,000 | 0.6% |
North Potomac | 84 | 101 | -16.8% | $690,000 | $719,900 | -4.2% |
Rossmoor | 3 | 3 | 0% | $680,000 | $715,000 | -4.9% |