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Maryland State Wire

Thursday, November 7, 2024

Travilah home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Travilah rose by $325,000 while total sales remained unchanged with 12 homes sold, according to BlockShopper.com.

In March 2018, there were 12 homes sold, with a median sale price of $1,150,000 - a 39.4% increase over the $825,000 median sale price for the same period of the previous year. There were 12 homes sold in Travilah in March 2017, as well.

The median sales tax in Travilah for the most recent year with available data, 2016, was $12,745, approximately 1.1% of the median home sale price for March 2018.

The following table compares Travilah to other Montgomery County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Travilah12120%$1,150,000$825,00039.4%
Brookeville14-75%$1,090,000$558,50095.2%
Bethesda4968-27.9%$925,000$975,000-5.1%
Potomac322910.3%$922,000$855,0007.8%
Chevy Chase161233.3%$900,000$1,219,950-26.2%
Cabin John21100%$793,500$785,0001.1%
Garrett Park24-50%$727,500$695,8004.6%
Rossmoor10-$680,000$0-
North Bethesda161414.3%$650,000$755,000-13.9%
South Kensington1014-28.6%$610,000$712,500-14.4%
North Potomac1011-9.1%$607,450$705,000-13.8%

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