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Tuesday, November 26, 2024

The fourth quarter of 2021: Brookeville experienced a 13.5% increase in median home prices

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The median sale price of a home sold in the fourth quarter of 2021 in Brookeville rose by $91,550 while total sales decreased by 50%, according to BlockShopper.com.

From October through December of 2021, there were five homes sold, with a median sale price of $770,000 - a 13.5% increase over the $678,450 median sale price for the same period of the previous year. There were 10 homes sold in Brookeville in the fourth quarter of 2020.

The median sales tax in Brookeville for the most recent year with available data, 2020, was $7,630, approximately 1% of the median home sale price for the fourth quarter of 2021.

The following table compares Brookeville to other Montgomery County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Potomac181212-14.6%$951,000$957,500-0.7%
South Kensington514513.3%$885,000$800,00010.6%
North Potomac4955-10.9%$850,000$715,00018.9%
Darnestown2425-4%$825,000$850,000-2.9%
Boyds61500%$782,603.50$275,000184.6%
Brookeville510-50%$770,000$678,45013.5%
Garrett Park911-18.2%$750,000$715,0004.9%
Laytonsville141127.3%$737,500$765,000-3.6%
Takoma Park4346-6.5%$700,000$573,25022.1%
Cabin John34-25%$665,000$823,500-19.2%
Brinklow23-33.3%$657,650$630,0004.4%

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