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Friday, November 15, 2024

South Kensington home prices rise in January 2018

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The median sale price of a home sold in January 2018 in South Kensington rose by $5,000 while total sales decreased by 26.7%, according to BlockShopper.com.

In January 2018, there were 11 homes sold, with a median sale price of $695,000 - a 0.7% increase over the $690,000 median sale price for the same period of the previous year. There were 15 homes sold in South Kensington in January 2017.

The median sales tax in South Kensington for the most recent year with available data, 2016, was $7,536, approximately 1.1% of the median home sale price for January 2018.

The following table compares South 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)
Potomac453818.4%$920,000$867,5006.1%
Travilah1315-13.3%$834,500$1,006,634-17.1%
Cabin John10-$780,000$0-
North Potomac913-30.8%$730,000$780,000-6.4%
Darnestown8714.3%$717,500$695,0003.2%
South Kensington1115-26.7%$695,000$690,0000.7%
Rossmoor10-$670,000$0-
Washington Grove10-$638,000$0-
Garrett Park63100%$610,500$629,000-2.9%
Takoma Park14875%$569,375$407,00039.9%
North Bethesda261844.4%$555,000$682,000-18.6%

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