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Monday, December 23, 2024

Darnestown home prices fall in 2018

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The median sale price of a home sold in 2018 in Darnestown fell by $2,500 while total sales increased by 18.1%, according to BlockShopper.com.

From January through December of 2018, there were 85 homes sold, with a median sale price of $740,000 - a 0.3% decrease over the $742,500 median sale price for the previous year. There were 72 homes sold in Darnestown in 2017.

The median sales tax in Darnestown for the most recent year with available data, 2016, was $8,054, approximately 1.1% of the median home sale price for 2018.

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

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Travilah134142-5.6%$1,050,000$1,047,5000.2%
Bethesda874924-5.4%$996,500$950,0004.9%
Potomac60051416.7%$900,000$900,0000%
South Kensington17014517.2%$756,250$730,0003.6%
Brookeville24240%$754,500$646,75016.7%
Darnestown857218.1%$740,000$742,500-0.3%
North Bethesda2952815%$712,000$695,0002.4%
North Potomac1851774.5%$685,000$690,000-0.7%
Rossmoor5366.7%$680,000$715,000-4.9%
Laytonsville493636.1%$632,000$638,450-1%
Garrett Park373023.3%$625,000$650,000-3.8%

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