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Montgomery News

Monday, November 25, 2024

South Kensington home prices rise in September 2018

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The median sale price of a home sold in September 2018 in South Kensington rose by $103,500 while total sales increased by 27.3%, according to BlockShopper.com.

In September 2018, there were 14 homes sold, with a median sale price of $753,500 - a 15.9% increase over the $650,000 median sale price for the same period of the previous year. There were 11 homes sold in South Kensington in September 2017.

The median sales tax in South Kensington for the most recent year with available data, 2016, was $7,536, approximately 1% of the median home sale price for September 2018.

The following table compares South 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)
Bethesda73103-29.1%$995,000$975,0002.1%
Chevy Chase1922-13.6%$995,000$1,322,500-24.8%
Potomac4768-30.9%$975,000$889,7599.6%
Cabin John24-50%$934,750$1,297,500-28%
North Bethesda2930-3.3%$760,000$663,75014.5%
South Kensington141127.3%$753,500$650,00015.9%
Ashton-Sandy Spring134225%$701,001$572,50022.4%
Garrett Park31200%$656,000$681,000-3.7%
Darnestown8714.3%$653,500$785,000-16.8%
North Potomac17170%$645,000$639,9000.8%
Laytonsville3250%$632,000$807,500-21.7%

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