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Tuesday, November 26, 2024

What happened to the median home price in South Kensington during December 2021?

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The median sale price of a home sold in December 2021 in South Kensington fell by $112,500 while total sales decreased by 30.8%, according to BlockShopper.com.

In December 2021, there were nine homes sold, with a median sale price of $675,000 - a 14.3% decrease over the $787,500 median sale price for the same period of the previous year. There were 13 homes sold in South Kensington in December 2020.

The median sales tax in South Kensington for the most recent year with available data, 2020, was $8,142, approximately 1.2% of the median home sale price for December 2021.

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

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Garrett Park30-$750,000$0-
Takoma Park13862.5%$714,000$632,50012.9%
Brookeville21100%$712,500$415,46171.5%
Hillandale41300%$687,500$235,000192.6%
Boyds30-$680,207$0-
South Kensington913-30.8%$675,000$787,500-14.3%
Cloverly69-33.3%$585,000$510,00014.7%
Rockville634928.6%$585,000$557,0005%
Colesville2325-8%$578,000$515,00012.2%
North Kensington151315.4%$555,000$483,00014.9%
White Oak19185.6%$550,000$450,28822.1%

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