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Friday, November 29, 2024

March 2021: Home prices in Travilah increased

Realestate3

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Adobe Stock

The median sale price of a home sold in March 2021 in Travilah rose by $477,000 while total sales decreased by 50%, according to BlockShopper.com.

In March 2021, there were five homes sold, with a median sale price of $1,325,000 - a 56.3% increase over the $848,000 median sale price for the same period of the previous year. There were 10 homes sold in Travilah in March 2020.

The median sales tax in Travilah for the most recent year with available data, 2020, was $12,551, approximately 0.9% of the median home sale price for March 2021.

The following table compares Travilah 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)
Travilah510-50%$1,325,000$848,00056.3%
Potomac464015%$1,212,500$928,50030.6%
Chevy Chase1214-14.3%$1,081,250$1,123,750-3.8%
Darnestown310-70%$995,000$745,00033.6%
Bethesda5162-17.7%$960,000$962,500-0.3%
Cabin John10-$925,000$0-
Brookeville13-66.7%$839,000$750,00011.9%
Laytonsville12-50%$816,000$655,50024.5%
Ashton-Sandy Spring41300%$782,500$466,50067.7%
South Kensington513-61.5%$775,000$716,0008.2%
North Potomac9728.6%$760,000$685,00010.9%

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