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Maryland State Wire

Wednesday, April 23, 2025

Chevy Chase (Montgomery County) home prices fall in the second quarter of 2017

Realestate1

The median sale price of a home sold in the second quarter of 2017 in Chevy Chase in Montgomery County fell by $30,000 while total sales decreased by 6.8%, according to BlockShopper.com.

From April through June of 2017, there were 55 homes sold, with a median sale price of $1,160,000 - a 2.5% decrease over the $1,190,000 median sale price for the same period of the previous year. There were 59 homes sold in Chevy Chase in the second quarter of 2016.

The median sales tax in Chevy Chase for the most recent year with available data, 2016, was $11,021, approximately 1% of the median home sale price for the second quarter of 2017.

The following table compares Chevy Chase to other Montgomery County cities with similar median sales prices in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Chevy Chase5559-6.8%$1,160,000$1,190,000-2.5%
Travilah38380%$1,068,640$1,017,5005%
Potomac167180-7.2%$955,000$915,0004.4%
Bethesda28625313%$938,500$955,000-1.7%
Cabin John78-12.5%$835,000$826,5001%
Brinklow330%$780,000$584,41233.5%
South Kensington4041-2.4%$772,750$760,0001.7%
North Potomac68646.3%$732,500$712,5002.8%
Darnestown2629-10.3%$730,000$770,000-5.2%
Rossmoor35-40%$715,000$625,00014.4%
North Bethesda89819.9%$699,900$705,000-0.7%
* This story only considers sales data for the part of Chevy Chase that is in Montgomery County.

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