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Thursday, November 28, 2024

September 2021: South Kensington experienced a 32.7% increase in median home prices

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The median sale price of a home sold in September 2021 in South Kensington rose by $213,000 while total sales remained unchanged with 12 homes sold, according to BlockShopper.com.

In September 2021, there were 12 homes sold, with a median sale price of $863,500 - a 32.7% increase over the $650,500 median sale price for the same period of the previous year. There were 12 homes sold in South Kensington in September 2020, as well.

The median sales tax in South Kensington for the most recent year with available data, 2020, was $8,142, approximately 0.9% of the median home sale price for September 2021.

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

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Brinklow12-50%$915,000$1,375,000-33.5%
Cabin John12-50%$905,000$1,207,500-25.1%
Washington Grove10-$899,900$0-
Darnestown82300%$887,000$970,000-8.6%
Dickerson20-$887,000$0-
South Kensington12120%$863,500$650,50032.7%
North Potomac251566.7%$830,000$790,0005.1%
Colesville221915.8%$700,000$535,00030.8%
Brookeville34-25%$680,000$707,500-3.9%
Olney3142-26.2%$640,000$511,00025.2%
Kemp Mill141127.3%$605,000$484,90024.8%

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