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Montgomery News

Wednesday, November 27, 2024

Median home prices in Garrett Park rose to $884,500 in November 2021

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The median sale price of a home sold in November 2021 in Garrett Park rose by $252,000 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In November 2021, there were four homes sold, with a median sale price of $884,500 - a 39.8% increase over the $632,500 median sale price for the same period of the previous year. There were four homes sold in Garrett Park in November 2020, as well.

The median sales tax in Garrett Park for the most recent year with available data, 2020, was $7,157, approximately 0.8% of the median home sale price for November 2021.

The following table compares Garrett Park to other Montgomery County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Travilah181080%$1,337,500$1,405,000-4.8%
Bethesda1159323.7%$1,110,000$950,00016.8%
Boyds21100%$1,038,750$275,000277.7%
North Potomac16156.7%$910,000$702,50029.5%
South Kensington211275%$899,000$677,50032.7%
Garrett Park440%$884,500$632,50039.8%
Potomac63588.6%$880,000$922,800-4.6%
Brookeville12-50%$870,000$876,002.50-0.7%
Darnestown10825%$819,750$865,000-5.2%
Brinklow10-$690,300$0-
North Kensington191346.2%$615,000$516,00019.2%

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