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Monday, November 4, 2024

Travilah home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Travilah rose by $21,250 while total sales decreased by 15.6%, according to BlockShopper.com.

From July through September of 2019, there were 38 homes sold, with a median sale price of $1,121,250 - a 1.9% increase over the $1,100,000 median sale price for the same period of the previous year. There were 45 homes sold in Travilah in the third quarter of 2018.

The median sales tax in Travilah for the most recent year with available data, 2016, was $12,745, approximately 1.1% of the median home sale price for the third quarter of 2019.

The following table compares Travilah to other Montgomery County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Chevy Chase5674-24.3%$1,130,000$1,170,000-3.4%
Travilah3845-15.6%$1,121,250$1,100,0001.9%
Cabin John78-12.5%$1,100,000$1,145,000-3.9%
Bethesda230252-8.7%$1,020,250$1,027,000-0.7%
Potomac146185-21.1%$934,000$935,000-0.1%
Brookeville9580%$775,500$759,0002.2%
Darnestown1725-32%$749,000$660,00013.5%
South Kensington48472.1%$734,250$759,990-3.4%
North Potomac5863-7.9%$732,250$683,7507.1%
Ashton-Sandy Spring1734-50%$709,900$675,9505%
Rossmoor30-$700,000$0-

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