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Wednesday, November 27, 2024

November 2021: Home prices in Chevy Chase (Montgomery County) increased

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The median sale price of a home sold in November 2021 in Chevy Chase in Montgomery County rose by $62,125 while total sales decreased by 4.2%, according to BlockShopper.com.

In November 2021, there were 23 homes sold, with a median sale price of $1,490,000 - a 4.4% increase over the $1,427,875 median sale price for the same period of the previous year. There were 24 homes sold in Chevy Chase in November 2020.

The median sales tax in Chevy Chase for the most recent year with available data, 2020, was $11,363, approximately 0.8% of the median home sale price for November 2021.

The following table compares Chevy Chase 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)
Chevy Chase2324-4.2%$1,490,000$1,427,8754.4%
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-
* This story only considers sales data for the part of Chevy Chase that is in Montgomery County.

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