In May, there were 12 homes sold, with a median sale price of $1,520,500 - a 21.6 percent increase over the $1,250,000 median sale price for the same period of the previous year. There were 27 homes sold in Chevy Chase in May 2021.
The median sales tax in Chevy Chase for the most recent year with available data, 2020, was $11,363, approximately 0.7 percent of the median home sale price for May.
The following table compares Chevy Chase to other Montgomery County cities with similar median sale prices in May:
| City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Chevy Chase | 12 | 27 | -55.6 | $1,520,500 | $1,250,000 | 21.6 |
| Travilah | 16 | 20 | -20 | $1,440,500 | $1,354,000 | 6.4 |
| South Kensington | 18 | 29 | -37.9 | $1,285,500 | $930,000 | 38.2 |
| Bethesda | 114 | 116 | -1.7 | $1,272,750 | $1,100,000 | 15.7 |
| Potomac | 63 | 77 | -18.2 | $1,150,000 | $1,035,000 | 11.1 |
| Brookeville | 2 | 3 | -33.3 | $1,095,000 | $735,000 | 49 |
| North Potomac | 16 | 20 | -20 | $1,005,000 | $668,150 | 50.4 |
| Darnestown | 6 | 7 | -14.3 | $902,500 | $1,100,000 | -18 |
| Laytonsville | 1 | 5 | -80 | $839,000 | $753,000 | 11.4 |
| Takoma Park | 18 | 18 | 0 | $743,250 | $582,500 | 27.6 |
| Garrett Park | 1 | 5 | -80 | $725,000 | $691,950 | 4.8 |
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