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Wednesday, November 6, 2024

Travilah home prices rise in the second quarter of 2019

Realestate5

The median sale price of a home sold in the second quarter of 2019 in Travilah rose by $200,000 while total sales decreased by 5.7%, according to BlockShopper.com.

From April through June of 2019, there were 33 homes sold, with a median sale price of $1,250,000 - a 19% increase over the $1,050,000 median sale price for the same period of the previous year. There were 35 homes sold in Travilah in the second quarter of 2018.

The median sales tax in Travilah for the most recent year with available data, 2016, was $12,745, approximately 1% of the median home sale price for the second quarter of 2019.

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

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Travilah3335-5.7%$1,250,000$1,050,00019%
Chevy Chase67653.1%$1,150,000$1,275,000-9.8%
Bethesda248274-9.5%$1,022,500$1,058,000-3.4%
Cabin John79-22.2%$944,657$1,142,000-17.3%
Potomac178184-3.3%$900,000$899,5000.1%
South Kensington60559.1%$800,000$807,000-0.9%
Brinklow110%$749,000$650,00015.2%
North Bethesda987924.1%$744,500$724,0002.8%
North Potomac4955-10.9%$732,000$701,0004.4%
Rossmoor21100%$731,167.50$715,0002.3%
Darnestown2526-3.8%$725,000$845,000-14.2%

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