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Montgomery News

Tuesday, December 24, 2024

South Kensington home prices rise in December 2018

Realestate5

The median sale price of a home sold in December 2018 in South Kensington rose by $87,450 while total sales increased by 30%, according to BlockShopper.com.

In December 2018, there were 13 homes sold, with a median sale price of $700,000 - a 14.3% increase over the $612,550 median sale price for the same period of the previous year. There were 10 homes sold in South Kensington in December 2017.

The median sales tax in South Kensington for the most recent year with available data, 2016, was $7,536, approximately 1.1% of the median home sale price for December 2018.

The following table compares South 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)
Bethesda665324.5%$952,500$1,049,000-9.2%
Dickerson220%$808,315.50$630,00028.3%
Darnestown62200%$799,750$900,000-11.1%
North Bethesda1518-16.7%$733,000$661,50010.8%
Laytonsville23-33.3%$716,500$720,000-0.5%
South Kensington131030%$700,000$612,55014.3%
North Potomac121020%$692,500$615,00012.6%
Takoma Park136116.7%$635,000$474,50033.8%
Clarksburg812-33.3%$625,000$407,45053.4%
Garrett Park41300%$617,500$711,250-13.2%
Hillandale220%$507,500$458,20010.8%

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