In February 2017, there were eight homes sold, with a median sale price of $514,500 - a 5.7% decrease over the $545,600 median sale price for the same period of the previous year. There were seven homes sold in South Kensington in February 2016.
The median sales tax in South Kensington for the most recent year with available data, 2016, was $7,536, approximately 1.5% of the median home sale price for February 2017.
The following table compares South Kensington to other Montgomery County cities with similar median sales prices in February 2017:
City | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
North Potomac | 9 | 12 | -25% | $662,500 | $711,500 | -6.9% |
North Bethesda | 18 | 30 | -40% | $589,025 | $650,000 | -9.4% |
Cabin John | 4 | 1 | 300% | $577,500 | $1,200,000 | -51.9% |
Ashton-Sandy Spring | 7 | 11 | -36.4% | $525,000 | $620,000 | -15.3% |
Clarksburg | 11 | 31 | -64.5% | $515,000 | $400,000 | 28.8% |
South Kensington | 8 | 7 | 14.3% | $514,500 | $545,600 | -5.7% |
Rockville | 53 | 43 | 23.3% | $486,970 | $390,000 | 24.9% |
Olney | 27 | 35 | -22.9% | $486,000 | $469,000 | 3.6% |
Cloverly | 6 | 11 | -45.5% | $471,000 | $410,000 | 14.9% |
Hillandale | 3 | 3 | 0% | $449,000 | $360,000 | 24.7% |
Silver Spring | 53 | 56 | -5.4% | $443,900 | $492,500 | -9.9% |