In February 2019, there were five homes sold, with a median sale price of $695,000 - a 35.9% increase over the $511,500 median sale price for the same period of the previous year. There were 10 homes sold in Takoma Park in February 2018.
The median sales tax in Takoma Park for the most recent year with available data, 2016, was $7,500, approximately 1.1% of the median home sale price for February 2019.
The following table compares Takoma Park to other Montgomery County cities with similar median sales prices in February 2019:
| City | Feb. 2019 Home Sales | Feb. 2018 Home Sales | % change (Total Home Sales) | Feb. 2019 Median Sales Price | Feb. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bethesda | 35 | 50 | -30% | $1,110,000 | $861,000 | 28.9% |
| Chevy Chase | 10 | 6 | 66.7% | $1,091,500 | $963,750 | 13.3% |
| Potomac | 23 | 30 | -23.3% | $800,000 | $801,773 | -0.2% |
| South Kensington | 5 | 10 | -50% | $752,500 | $612,000 | 23% |
| Darnestown | 4 | 7 | -42.9% | $714,500 | $695,000 | 2.8% |
| Takoma Park | 5 | 10 | -50% | $695,000 | $511,500 | 35.9% |
| North Bethesda | 13 | 26 | -50% | $684,000 | $722,500 | -5.3% |
| North Potomac | 9 | 10 | -10% | $665,000 | $483,750 | 37.5% |
| Ashton-Sandy Spring | 2 | 3 | -33.3% | $648,000 | $820,000 | -21% |
| Poolesville | 2 | 6 | -66.7% | $545,000 | $375,000 | 45.3% |
| Silver Spring | 18 | 45 | -60% | $521,750 | $527,500 | -1.1% |
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