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Sunday, November 24, 2024

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

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The median sale price of a home sold in August 2021 in North Kensington rose by $128,000 while total sales increased by 12.5%, according to BlockShopper.com.

In August 2021, there were 18 homes sold, with a median sale price of $582,000 - a 28.2% increase over the $454,000 median sale price for the same period of the previous year. There were 16 homes sold in North Kensington in August 2020.

The median sales tax in North Kensington for the most recent year with available data, 2020, was $4,982, approximately 0.9% of the median home sale price for August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Ashton-Sandy Spring104150%$605,000$650,150-6.9%
Colesville272035%$603,026$495,00021.8%
Boyds110%$586,000$489,90019.6%
North Bethesda997041.4%$585,000$484,50020.7%
Forest Glen141040%$582,500$517,50012.6%
North Kensington181612.5%$582,000$454,00028.2%
Silver Spring794768.1%$575,000$575,0000%
Derwood3314135.7%$570,000$566,0000.7%
Olney474211.9%$550,000$472,45016.4%
White Oak710-30%$525,000$507,7503.4%
Kemp Mill11757.1%$520,000$485,0007.2%

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