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Montgomery News

Monday, November 25, 2024

North Kensington home prices rise in September 2018

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The median sale price of a home sold in September 2018 in North Kensington rose by $14,000 while total sales decreased by 4.5%, according to BlockShopper.com.

In September 2018, there were 21 homes sold, with a median sale price of $436,500 - a 3.3% increase over the $422,500 median sale price for the same period of the previous year. There were 22 homes sold in North Kensington in September 2017.

The median sales tax in North Kensington for the most recent year with available data, 2016, was $4,454, approximately 1% of the median home sale price for September 2018.

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

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Kemp Mill1318-27.8%$501,000$412,50021.5%
Clarksburg1534-55.9%$475,000$539,950-12%
Cloverly15966.7%$475,000$445,0006.7%
Hillandale12-50%$466,500$439,0006.3%
Gaithersburg5992-35.9%$458,000$393,75016.3%
North Kensington2122-4.5%$436,500$422,5003.3%
Derwood2030-33.3%$429,500$459,500-6.5%
Aspen Hill4164-35.9%$429,000$402,967.506.5%
Colesville2536-30.6%$426,000$485,000-12.2%
White Oak1420-30%$420,000$418,5000.4%
Calverton1111000%$405,000$381,0006.3%

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