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In March 2018, there were two homes sold, with a median sale price of $727,500 - a 4.6% increase over the $695,800 median sale price for the same period of the previous year. There were four homes sold in Garrett Park in March 2017.
The median sales tax in Garrett Park for the most recent year with available data, 2016, was $6,247, approximately 0.9% of the median home sale price for March 2018.
The following table compares Garrett Park to other Montgomery County cities with similar median sales prices in March 2018:
City | Mar. 2018 Home Sales | Mar. 2017 Home Sales | % change (Total Home Sales) | Mar. 2018 Median Sales Price | Mar. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Brookeville | 1 | 4 | -75% | $1,090,000 | $558,500 | 95.2% |
Bethesda | 49 | 68 | -27.9% | $925,000 | $975,000 | -5.1% |
Potomac | 32 | 29 | 10.3% | $922,000 | $855,000 | 7.8% |
Chevy Chase | 16 | 12 | 33.3% | $900,000 | $1,219,950 | -26.2% |
Cabin John | 2 | 1 | 100% | $793,500 | $785,000 | 1.1% |
Garrett Park | 2 | 4 | -50% | $727,500 | $695,800 | 4.6% |
Rossmoor | 1 | 0 | - | $680,000 | $0 | - |
North Bethesda | 16 | 14 | 14.3% | $650,000 | $755,000 | -13.9% |
South Kensington | 10 | 14 | -28.6% | $610,000 | $712,500 | -14.4% |
North Potomac | 10 | 11 | -9.1% | $607,450 | $705,000 | -13.8% |
Silver Spring | 34 | 48 | -29.2% | $535,450 | $462,000 | 15.9% |