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Tuesday, November 26, 2024

Median home prices in South Kensington rose to $872,500 in the second half of 2021

Realestate2

The median sale price of a home sold in the second half of 2021 in South Kensington rose by $86,250 while total sales increased by 15.9%, according to BlockShopper.com.

From July through December of 2021, there were 102 homes sold, with a median sale price of $872,500 - a 11% increase over the $786,250 median sale price for the same period of the previous year. There were 88 homes sold in South Kensington in the second half of 2020.

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 the second half of 2021.

The following table compares South Kensington to other Montgomery County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Travilah1156966.7%$1,350,000$1,325,0001.9%
Bethesda74855634.5%$1,100,000$990,00011.1%
Potomac45036523.3%$1,008,500$939,9007.3%
Washington Grove15-80%$899,900$595,00051.2%
Brookeville1419-26.3%$889,500$660,00034.8%
South Kensington1028815.9%$872,500$786,25011%
Darnestown534517.8%$869,000$820,0006%
North Potomac12110515.2%$860,000$745,00015.4%
Boyds103233.3%$782,603.50$480,00063%
Laytonsville282040%$777,500$728,2506.8%
Garrett Park19185.6%$750,000$732,5002.4%

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