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Sunday, November 24, 2024

Travilah home prices fall in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Travilah fell by $18,640 while total sales decreased by 7.9%, according to BlockShopper.com.

From April through June of 2018, there were 35 homes sold, with a median sale price of $1,050,000 - a 1.7% decrease over the $1,068,640 median sale price for the same period of the previous year. There were 38 homes sold in Travilah in the second 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 second quarter of 2018.

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

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Chevy Chase655518.2%$1,275,000$1,160,0009.9%
Cabin John9728.6%$1,142,000$835,00036.8%
Bethesda274286-4.2%$1,058,000$938,50012.7%
Travilah3538-7.9%$1,050,000$1,068,640-1.7%
Potomac18416710.2%$899,500$955,000-5.8%
Darnestown26260%$845,000$730,00015.8%
South Kensington554037.5%$807,000$772,7504.4%
North Bethesda7989-11.2%$724,000$699,9003.4%
Rossmoor13-66.7%$715,000$715,0000%
Brookeville8633.3%$712,500$601,75018.4%
North Potomac5568-19.1%$701,000$732,500-4.3%

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