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Friday, November 29, 2024

What happened to the median home price in North Kensington during March 2021?

Realestate5

The median sale price of a home sold in March 2021 in North Kensington rose by $47,000 while total sales increased by 11.1%, according to BlockShopper.com.

In March 2021, there were 10 homes sold, with a median sale price of $486,000 - a 10.7% increase over the $439,000 median sale price for the same period of the previous year. There were nine homes sold in North Kensington in March 2020.

The median sales tax in North Kensington for the most recent year with available data, 2020, was $4,982, approximately 1% of the median home sale price for March 2021.

The following table compares North Kensington to other Montgomery County cities with similar median sale prices in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Olney2538-34.2%$555,000$468,95018.3%
Derwood819-57.9%$550,000$520,0005.8%
Kemp Mill147100%$537,500$440,00022.2%
Cloverly311-72.7%$509,000$465,0009.5%
Friendship Village6520%$502,000$485,0003.5%
North Kensington10911.1%$486,000$439,00010.7%
Rockville4156-26.8%$480,000$497,000-3.4%
Clarksburg1012-16.7%$472,500$462,4502.2%
White Oak121020%$452,500$411,25010%
Gaithersburg67636.3%$452,000$400,00013%
Wheaton-Glenmont3445-24.4%$425,500$374,90013.5%

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