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Sunday, November 17, 2024

Darnestown home prices rise in October 2018

Realestate3

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Adobe Stock

The median sale price of a home sold in October 2018 in Darnestown rose by $199,500 while total sales increased by 25%, according to BlockShopper.com.

In October 2018, there were five homes sold, with a median sale price of $794,000 - a 33.6% increase over the $594,500 median sale price for the same period of the previous year. There were four homes sold in Darnestown in October 2017.

The median sales tax in Darnestown for the most recent year with available data, 2016, was $8,054, approximately 1% of the median home sale price for October 2018.

The following table compares Darnestown to other Montgomery County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Travilah10100%$1,217,500$1,045,00016.5%
Cabin John110%$1,070,000$970,00010.3%
Chevy Chase17170%$949,000$1,000,000-5.1%
Bethesda615217.3%$937,000$907,5003.3%
Potomac433043.3%$810,000$866,000-6.5%
Darnestown5425%$794,000$594,50033.6%
Dickerson110%$729,000$260,000180.4%
South Kensington151136.4%$655,000$750,000-12.7%
North Potomac1115-26.7%$646,000$749,000-13.8%
North Bethesda20200%$626,625$650,000-3.6%
Laytonsville6450%$621,250$307,500102%

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