In August 2017, there were 22 homes sold, with a median sale price of $1,218,500 - a 25% increase over the $975,000 median sale price for the same period of the previous year. There were 18 homes sold in Chevy Chase in August 2016.
The median sales tax in Chevy Chase for the most recent year with available data, 2016, was $11,021, approximately 0.9% of the median home sale price for August 2017.
The following table compares Chevy Chase to other Montgomery County cities with similar median sales prices in August 2017:
| City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Cabin John | 1 | 4 | -75% | $1,665,000 | $1,241,495.50 | 34.1% |
| Chevy Chase | 22 | 18 | 22.2% | $1,218,500 | $975,000 | 25% |
| Travilah | 15 | 15 | 0% | $1,066,900 | $880,000 | 21.2% |
| Bethesda | 84 | 94 | -10.6% | $987,500 | $1,010,000 | -2.2% |
| Potomac | 38 | 59 | -35.6% | $960,500 | $1,040,000 | -7.6% |
| Darnestown | 7 | 5 | 40% | $822,500 | $632,500 | 30% |
| North Bethesda | 32 | 28 | 14.3% | $737,000 | $682,750 | 7.9% |
| South Kensington | 14 | 8 | 75% | $696,200 | $722,000 | -3.6% |
| Laytonsville | 3 | 5 | -40% | $695,000 | $495,000 | 40.4% |
| Ashton-Sandy Spring | 7 | 7 | 0% | $650,000 | $540,000 | 20.4% |
| Rockville | 47 | 53 | -11.3% | $636,000 | $600,000 | 6% |
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