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Montgomery News

Tuesday, November 26, 2024

Home prices increased in South Kensington during 2021

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The median sale price of a home sold in 2021 in South Kensington rose by $93,275 while total sales increased by 16.4%, according to BlockShopper.com.

From January through December of 2021, there were 192 homes sold, with a median sale price of $863,275 - a 12.1% increase over the $770,000 median sale price for the previous year. There were 165 homes sold in South Kensington in 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 2021.

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

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Cabin John2712125%$1,100,000$898,50022.4%
Bethesda1,38197142.2%$1,075,000$952,50012.9%
Potomac85165030.9%$1,020,000$900,00013.3%
Washington Grove17-85.7%$899,900$595,00051.2%
Darnestown99936.5%$869,000$800,0008.6%
South Kensington19216516.4%$863,275$770,00012.1%
Brookeville2628-7.1%$832,500$584,95042.3%
North Potomac22817232.6%$800,500$728,00010%
Laytonsville46429.5%$772,500$712,5008.4%
Garrett Park383411.8%$730,000$710,0002.8%
Brinklow39-66.7%$690,300$630,0009.6%

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