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Wednesday, May 1, 2024

Travilah home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Travilah rose by $550 while total sales increased by 2.3%, according to BlockShopper.com.

From July through September of 2018, there were 45 homes sold, with a median sale price of $1,100,000 - a 0.1% increase over the $1,099,450 median sale price for the same period of the previous year. There were 44 homes sold in Travilah in the third quarter of 2017.

The median sales tax in Travilah for the most recent year with available data, 2016, was $12,745, approximately 1.2% of the median home sale price for the third quarter of 2018.

The following table compares Travilah to other Montgomery County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Chevy Chase746317.5%$1,170,000$1,205,000-2.9%
Cabin John8633.3%$1,145,000$1,297,500-11.8%
Travilah45442.3%$1,100,000$1,099,4500.1%
Bethesda252260-3.1%$1,027,000$975,7505.3%
Potomac18515519.4%$935,000$910,0002.7%
South Kensington474114.6%$759,990$665,00014.3%
Brookeville58-37.5%$759,000$740,0002.6%
North Bethesda1008222%$737,500$728,0001.3%
Garrett Park9812.5%$725,000$630,00015.1%
North Potomac634153.7%$683,750$639,9006.9%
Ashton-Sandy Spring341888.9%$675,950$592,50014.1%

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