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Monday, December 23, 2024

South Kensington home prices fall in June 2019

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The median sale price of a home sold in June 2019 in South Kensington fell by $113,250 while total sales decreased by 40.7%, according to BlockShopper.com.

In June 2019, there were 16 homes sold, with a median sale price of $777,750 - a 12.7% decrease over the $891,000 median sale price for the same period of the previous year. There were 27 homes sold in South Kensington in June 2018.

The median sales tax in South Kensington for the most recent year with available data, 2016, was $7,536, approximately 1% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Chevy Chase302330.4%$1,090,000$1,300,000-16.2%
Bethesda90116-22.4%$1,035,000$982,0005.4%
Potomac73730%$995,000$892,00011.5%
Darnestown9650%$841,000$771,5009%
North Bethesda332065%$785,000$704,50011.4%
South Kensington1627-40.7%$777,750$891,000-12.7%
Brinklow110%$749,000$650,00015.2%
North Potomac2027-25.9%$730,000$700,0004.3%
Rossmoor110%$727,335$715,0001.7%
Brookeville6520%$685,000$635,0007.9%
Takoma Park168100%$631,000$585,0007.9%

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