Quantcast

Montgomery News

Monday, November 25, 2024

Cabin John home prices fall in September 2018

Re 10

The median sale price of a home sold in September 2018 in Cabin John fell by $362,750 while total sales decreased by 50%, according to BlockShopper.com.

In September 2018, there were two homes sold, with a median sale price of $934,750 - a 28% decrease over the $1,297,500 median sale price for the same period of the previous year. There were four homes sold in Cabin John in September 2017.

The median sales tax in Cabin John for the most recent year with available data, 2016, was $9,587, approximately 1% of the median home sale price for September 2018.

The following table compares Cabin John 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)
Travilah820-60%$1,012,500$996,0001.7%
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%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS