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Maryland State Wire

Wednesday, April 23, 2025

Chevy Chase (Montgomery County) home prices fall in April 2017

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The median sale price of a home sold in April 2017 in Chevy Chase in Montgomery County fell by $163,135 while total sales decreased by 8.3%, according to BlockShopper.com.

In April 2017, there were 11 homes sold, with a median sale price of $1,035,000 - a 13.6% decrease over the $1,198,135 median sale price for the same period of the previous year. There were 12 homes sold in Chevy Chase in April 2016.

The median sales tax in Chevy Chase for the most recent year with available data, 2016, was $11,021, approximately 1.1% of the median home sale price for April 2017.

The following table compares Chevy Chase to other Montgomery County cities with similar median sales prices in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Travilah13862.5%$1,200,000$932,50028.7%
Chevy Chase1112-8.3%$1,035,000$1,198,135-13.6%
Potomac3847-19.1%$976,500$900,0008.5%
Bethesda6366-4.5%$952,000$997,500-4.6%
Cabin John440%$857,000$836,5002.5%
Darnestown912-25%$800,000$737,5008.5%
South Kensington1011-9.1%$782,500$770,0001.6%
North Bethesda272035%$765,000$655,25016.7%
Brinklow21100%$747,500$619,00020.8%
North Potomac191526.7%$653,888$692,000-5.5%
Garrett Park30-$650,000$0-
* This story only considers sales data for the part of Chevy Chase that is in Montgomery County.

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