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Maryland State Wire

Tuesday, April 22, 2025

South Kensington home prices fall in February 2017

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The median sale price of a home sold in February 2017 in South Kensington fell by $31,100 while total sales increased by 14.3%, according to BlockShopper.com.

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:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
North Potomac912-25%$662,500$711,500-6.9%
North Bethesda1830-40%$589,025$650,000-9.4%
Cabin John41300%$577,500$1,200,000-51.9%
Ashton-Sandy Spring711-36.4%$525,000$620,000-15.3%
Clarksburg1131-64.5%$515,000$400,00028.8%
South Kensington8714.3%$514,500$545,600-5.7%
Rockville534323.3%$486,970$390,00024.9%
Olney2735-22.9%$486,000$469,0003.6%
Cloverly611-45.5%$471,000$410,00014.9%
Hillandale330%$449,000$360,00024.7%
Silver Spring5356-5.4%$443,900$492,500-9.9%

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