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Monday, December 23, 2024

Chevy Chase (Montgomery County) home prices rise in April 2019

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The median sale price of a home sold in April 2019 in Chevy Chase in Montgomery County rose by $470,000 while total sales decreased by 73.7%, according to BlockShopper.com.

In April 2019, there were five homes sold, with a median sale price of $1,670,000 - a 39.2% increase over the $1,200,000 median sale price for the same period of the previous year. There were 19 homes sold in Chevy Chase in April 2018.

The median sales tax in Chevy Chase for the most recent year with available data, 2016, was $11,021, approximately 0.7% of the median home sale price for April 2019.

The following table compares Chevy Chase 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%
* This story only considers sales data for the part of Chevy Chase that is in Montgomery County.

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