Travilah home prices rise in the fourth quarter of 2018

Travilah home prices rise in the fourth quarter of 2018
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The median sale price of a home sold in the fourth quarter of 2018 in Travilah rose by $55,000 while total sales increased by 12.5%, according to BlockShopper.com.

From October through December of 2018, there were 27 homes sold, with a median sale price of $1,105,000 – a 5.2% increase over the $1,050,000 median sale price for the same period of the previous year. There were 24 homes sold in Travilah in the fourth 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 fourth quarter of 2018.

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

City Oct. – Dec. 2018 Home Sales Oct. – Dec. 2017 Home Sales % change (Total Home Sales) Oct. – Dec. 2018 Median Sales Price Oct. – Dec. 2017 Median Sales Price % change (Median Sales Price)
Travilah 27 24 12.5% $1,105,000 $1,050,000 5.2%
Chevy Chase 45 49 -8.2% $1,050,000 $1,020,000 2.9%
Bethesda 182 167 9% $957,500 $950,000 0.8%
Potomac 124 95 30.5% $897,500 $860,000 4.4%
Cabin John 2 4 -50% $884,500 $986,250 -10.3%
Darnestown 14 10 40% $762,000 $672,400 13.3%
South Kensington 37 27 37% $753,000 $729,000 3.3%
Dickerson 3 3 0% $729,000 $585,000 24.6%
Brinklow 1 1 0% $729,000 $460,000 58.5%
Brookeville 5 3 66.7% $717,500 $382,000 87.8%
North Bethesda 48 60 -20% $702,500 $639,500 9.9%


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