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Montgomery News

Tuesday, December 24, 2024

North Kensington home prices fall in December 2018

Realestate077

The median sale price of a home sold in December 2018 in North Kensington fell by $67,450 while total sales increased by 75%, according to BlockShopper.com.

In December 2018, there were 14 homes sold, with a median sale price of $482,500 - a 12.3% decrease over the $549,950 median sale price for the same period of the previous year. There were eight homes sold in North Kensington in December 2017.

The median sales tax in North Kensington for the most recent year with available data, 2016, was $4,454, approximately 0.9% of the median home sale price for December 2018.

The following table compares North Kensington to other Montgomery County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Garrett Park41300%$617,500$711,250-13.2%
Hillandale220%$507,500$458,20010.8%
Rockville3839-2.6%$505,000$549,000-8%
Derwood716-56.3%$497,000$480,0003.5%
Olney322528%$492,500$465,0005.9%
North Kensington14875%$482,500$549,950-12.3%
Silver Spring583756.8%$481,000$429,00012.1%
Poolesville6450%$462,500$410,00012.8%
Aspen Hill4119115.8%$455,000$410,00011%
Gaithersburg574429.5%$449,900$449,950-0%
Colesville201353.8%$442,500$458,000-3.4%

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