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Saturday, November 2, 2024

Darnestown home prices rise in August 2020

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The median sale price of a home sold in August 2020 in Darnestown rose by $183,500 while total sales increased by 33.3%, according to BlockShopper.com.

In August 2020, there were eight homes sold, with a median sale price of $826,000 - a 28.6% increase over the $642,500 median sale price for the same period of the previous year. There were six homes sold in Darnestown in August 2019.

The median sales tax in Darnestown for the most recent year with available data, 2016, was $8,054, approximately 1% of the median home sale price for August 2020.

The following table compares Darnestown to other Montgomery County cities with similar median sales prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Ashton-Sandy Spring25-60%$937,500$723,15029.6%
Hillandale13-66.7%$890,000$533,50066.8%
Cabin John3250%$875,000$1,672,000-47.7%
Potomac3761-39.3%$875,000$1,130,000-22.6%
South Kensington817-52.9%$872,500$928,500-6%
Darnestown8633.3%$826,000$642,50028.6%
North Potomac17170%$800,000$771,0003.8%
North Bethesda2633-21.2%$796,000$656,00021.3%
Laytonsville15-80%$746,500$625,70019.3%
Washington Grove110%$729,000$560,00030.2%
Clarksburg1015-33.3%$602,000$535,00012.5%

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