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Friday, November 15, 2024

North Kensington home prices rise in January 2018

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The median sale price of a home sold in January 2018 in North Kensington rose by $31,501 while total sales decreased by 20%, according to BlockShopper.com.

In January 2018, there were 16 homes sold, with a median sale price of $439,000 - a 7.7% increase over the $407,500 median sale price for the same period of the previous year. There were 20 homes sold in North Kensington in January 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 January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Forest Glen67-14.3%$470,000$427,7509.9%
Clarksburg251478.6%$459,000$391,25017.3%
Colesville222010%$452,500$411,25010%
Cloverly7475%$445,500$455,000-2.1%
Olney2041-51.2%$445,000$475,000-6.3%
North Kensington1620-20%$439,000$407,499.507.7%
Laytonsville61500%$427,500$625,000-31.6%
Kemp Mill1423-39.1%$423,500$399,9005.9%
Hillandale10-$409,900$0-
Aspen Hill3643-16.3%$407,000$398,0002.3%
White Oak1421-33.3%$404,000$380,0006.3%

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