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Montgomery News

Sunday, November 24, 2024

How did home prices perform in Bethesda during August 2021?

Realestate5

The median sale price of a home sold in August 2021 in Bethesda rose by $307,500 while total sales increased by 86.6%, according to BlockShopper.com.

In August 2021, there were 153 homes sold, with a median sale price of $1,150,000 - a 36.5% increase over the $842,500 median sale price for the same period of the previous year. There were 82 homes sold in Bethesda in August 2020.

The median sales tax in Bethesda for the most recent year with available data, 2020, was $9,425, approximately 0.8% of the median home sale price for August 2021.

The following table compares Bethesda 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)
Chevy Chase271942.1%$1,650,000$1,050,00057.1%
Travilah2910190%$1,350,000$1,180,00014.4%
Bethesda1538286.6%$1,150,000$842,50036.5%
Potomac10148110.4%$1,115,000$841,25032.5%
Brookeville31200%$1,100,000$6,33317269.3%
Darnestown12119.1%$941,000$805,00016.9%
North Potomac25244.2%$883,000$775,00013.9%
Garrett Park220%$877,500$513,75070.8%
Laytonsville72250%$765,000$728,2505%
Takoma Park171421.4%$750,000$554,75035.2%
South Kensington156150%$710,000$872,500-18.6%

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