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Friday, November 15, 2024

Travilah home prices rise in April 2019

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The median sale price of a home sold in April 2019 in Travilah rose by $510,000 while total sales decreased by 27.3%, according to BlockShopper.com.

In April 2019, there were eight homes sold, with a median sale price of $1,360,000 - a 60% increase over the $850,000 median sale price for the same period of the previous year. There were 11 homes sold in Travilah in April 2018.

The median sales tax in Travilah for the most recent year with available data, 2016, was $12,745, approximately 0.9% of the median home sale price for April 2019.

The following table compares Travilah to other Montgomery County cities with similar median sales prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Chevy Chase519-73.7%$1,670,000$1,200,00039.2%
Travilah811-27.3%$1,360,000$850,00060%
Bethesda6570-7.1%$920,000$1,152,500-20.2%
North Bethesda26260%$837,500$714,50017.2%
South Kensington211190.9%$800,000$735,0008.8%
Potomac44417.3%$792,937.50$850,000-6.7%
Cabin John24-50%$771,828.50$1,045,500-26.2%
North Potomac13128.3%$751,000$750,5000.1%
Rossmoor10-$735,000$0-
Darnestown9812.5%$700,000$814,000-14%
Laytonsville35-40%$650,000$675,000-3.7%

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