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Friday, November 15, 2024

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

Realestate077

The median sale price of a home sold in March 2019 in Chevy Chase in Montgomery County rose by $255,000 while total sales increased by 50%, according to BlockShopper.com.

In March 2019, there were 24 homes sold, with a median sale price of $1,155,000 - a 28.3% increase over the $900,000 median sale price for the same period of the previous year. There were 16 homes sold in Chevy Chase in March 2018.

The median sales tax in Chevy Chase for the most recent year with available data, 2016, was $11,021, approximately 1% of the median home sale price for March 2019.

The following table compares Chevy Chase to other Montgomery County cities with similar median sales prices in March 2019:

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Cabin John12-50%$1,363,500$793,50071.8%
Travilah812-33.3%$1,305,000$1,150,00013.5%
Chevy Chase241650%$1,155,000$900,00028.3%
Bethesda574916.3%$980,000$925,0005.9%
Brookeville110%$875,000$1,090,000-19.7%
Potomac433234.4%$850,000$922,000-7.8%
Laytonsville13-66.7%$825,000$500,00065%
North Potomac210-80%$765,000$607,45025.9%
Darnestown6520%$723,750$499,00045%
North Bethesda211631.3%$709,918$650,0009.2%
South Kensington111010%$700,000$610,00014.8%
* This story only considers sales data for the part of Chevy Chase that is in Montgomery County.

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