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Montgomery News

Monday, November 25, 2024

Travilah home prices rise in August 2018

Realestate5

The median sale price of a home sold in August 2018 in Travilah rose by $87,600 while total sales increased by 46.7%, according to BlockShopper.com.

In August 2018, there were 22 homes sold, with a median sale price of $1,154,500 - a 8.2% increase over the $1,066,900 median sale price for the same period of the previous year. There were 15 homes sold in Travilah in August 2017.

The median sales tax in Travilah for the most recent year with available data, 2016, was $12,745, approximately 1.1% of the median home sale price for August 2018.

The following table compares Travilah 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)
Chevy Chase312240.9%$1,260,000$1,218,5003.4%
Travilah221546.7%$1,154,500$1,066,9008.2%
Cabin John41300%$1,145,000$1,665,000-31.2%
Bethesda84840%$1,015,566.50$987,5002.8%
Potomac7838105.3%$980,500$960,5002.1%
Darnestown770%$930,000$822,50013.1%
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%

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