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Montgomery News

Monday, December 23, 2024

Bethesda home prices rise in January 2018

Realestate077

The median sale price of a home sold in January 2018 in Bethesda rose by $180,000 while total sales increased by 3.1%, according to BlockShopper.com.

In January 2018, there were 67 homes sold, with a median sale price of $1,025,000 - a 21.3% increase over the $845,000 median sale price for the same period of the previous year. There were 65 homes sold in Bethesda in January 2017.

The median sales tax in Bethesda for the most recent year with available data, 2016, was $9,814, approximately 1% of the median home sale price for January 2018.

The following table compares Bethesda 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)
Ashton-Sandy Spring25-60%$1,037,500$689,00050.6%
Bethesda67653.1%$1,025,000$845,00021.3%
Chevy Chase819-57.9%$1,015,000$990,0002.5%
Brookeville10-$925,000$0-
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-

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