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Maryland State Wire

Sunday, November 24, 2024

Cabin John home prices rise in April 2018

Realestate077

The median sale price of a home sold in April 2018 in Cabin John rose by $188,500 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In April 2018, there were four homes sold, with a median sale price of $1,045,500 - a 22% increase over the $857,000 median sale price for the same period of the previous year. There were four homes sold in Cabin John in April 2017, as well.

The median sales tax in Cabin John for the most recent year with available data, 2016, was $9,587, approximately 0.9% of the median home sale price for April 2018.

The following table compares Cabin John to other Montgomery County cities with similar median sales prices in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Chevy Chase191172.7%$1,200,000$1,035,00015.9%
Bethesda706311.1%$1,152,500$952,00021.1%
Cabin John440%$1,045,500$857,00022%
Travilah1113-15.4%$850,000$1,200,000-29.2%
Potomac41387.9%$850,000$976,500-13%
Darnestown89-11.1%$814,000$800,0001.8%
Brookeville12-50%$790,000$367,500115%
Garrett Park330%$790,000$650,00021.5%
North Potomac1219-36.8%$750,500$653,88814.8%
South Kensington111010%$735,000$782,500-6.1%
North Bethesda2627-3.7%$714,500$765,000-6.6%

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