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Monday, November 25, 2024

North Bethesda home prices fall in August 2018

Realestate3

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The median sale price of a home sold in August 2018 in North Bethesda fell by $27,000 while total sales increased by 15.6%, according to BlockShopper.com.

In August 2018, there were 37 homes sold, with a median sale price of $710,000 - a 3.7% decrease over the $737,000 median sale price for the same period of the previous year. There were 32 homes sold in North Bethesda in August 2017.

The median sales tax in North Bethesda for the most recent year with available data, 2016, was $7,399, approximately 1% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Brookeville50-$759,000$0-
North Potomac289211.1%$754,000$585,00028.9%
South Kensington221457.1%$747,495$696,2007.4%
Garrett Park36-50%$725,000$617,50017.4%
Ashton-Sandy Spring11757.1%$710,000$650,0009.2%
North Bethesda373215.6%$710,000$737,000-3.7%
Poolesville770%$625,000$425,00047.1%
Laytonsville13-66.7%$560,000$695,000-19.4%
Takoma Park141127.3%$547,500$560,000-2.2%
Rockville554717%$542,000$636,000-14.8%
Gaithersburg8384-1.2%$540,000$499,9908%

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