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Friday, November 15, 2024

Travilah home prices rise in February 2019

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The median sale price of a home sold in February 2019 in Travilah rose by $385,000 while total sales increased by 300%, according to BlockShopper.com.

In February 2019, there were eight homes sold, with a median sale price of $1,177,500 - a 48.6% increase over the $792,500 median sale price for the same period of the previous year. There were two homes sold in Travilah in February 2018.

The median sales tax in Travilah for the most recent year with available data, 2016, was $12,745, approximately 1.1% of the median home sale price for February 2019.

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

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Garrett Park21100%$1,280,000$539,000137.5%
Travilah82300%$1,177,500$792,50048.6%
Bethesda3550-30%$1,110,000$861,00028.9%
Chevy Chase10666.7%$1,091,500$963,75013.3%
Potomac2330-23.3%$800,000$801,773-0.2%
South Kensington510-50%$752,500$612,00023%
Darnestown47-42.9%$714,500$695,0002.8%
Takoma Park510-50%$695,000$511,50035.9%
North Bethesda1326-50%$684,000$722,500-5.3%
North Potomac910-10%$665,000$483,75037.5%
Ashton-Sandy Spring23-33.3%$648,000$820,000-21%

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