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Montgomery News

Friday, November 15, 2024

North Bethesda home prices fall in May 2019

Realestate1

The median sale price of a home sold in May 2019 in North Bethesda fell by $30,000 while total sales increased by 18.2%, according to BlockShopper.com.

In May 2019, there were 39 homes sold, with a median sale price of $710,000 - a 4.1% decrease over the $740,000 median sale price for the same period of the previous year. There were 33 homes sold in North Bethesda in May 2018.

The median sales tax in North Bethesda for the most recent year with available data, 2016, was $7,399, approximately 1% of the median home sale price for May 2019.

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

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Bethesda93885.7%$1,045,000$1,085,000-3.7%
Potomac6170-12.9%$885,000$913,500-3.1%
South Kensington231735.3%$837,500$807,0003.8%
North Potomac16160%$741,000$683,5008.4%
Garrett Park4333.3%$735,500$627,00017.3%
North Bethesda393318.2%$710,000$740,000-4.1%
Darnestown712-41.7%$664,900$880,000-24.4%
Laytonsville410-60%$646,200$632,0922.2%
Takoma Park161414.3%$621,000$551,10012.7%
Ashton-Sandy Spring35-40%$595,000$484,50022.8%
Forest Glen810-20%$581,000$437,50032.8%

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