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Maryland State Wire

Friday, May 3, 2024

How did home prices perform in South Kensington during February 2022?

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The median sale price of a home sold in February 2022 in South Kensington rose by $182,500 while total sales decreased by 11.1%, according to BlockShopper.com.

In February 2022, there were eight homes sold, with a median sale price of $1,007,500 - a 22.1% increase over the $825,000 median sale price for the same period of the previous year. There were nine homes sold in South Kensington in February 2021.

The median sales tax in South Kensington for the most recent year with available data, 2020, was $8,142, approximately 0.8% of the median home sale price for February 2022.

The following table compares South Kensington to other Montgomery County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Travilah310-70%$1,425,000$1,133,75025.7%
Chevy Chase1429-51.7%$1,139,500$1,235,000-7.7%
South Kensington89-11.1%$1,007,500$825,00022.1%
North Potomac612-50%$1,002,000$667,50050.1%
Darnestown39-66.7%$970,000$805,00020.5%
Bethesda4694-51.1%$955,500$907,5005.3%
Potomac3760-38.3%$923,000$959,950-3.8%
Garrett Park220%$800,000$670,01019.4%
Boyds10-$730,000$0-
Poolesville78-12.5%$700,000$492,50042.1%
Laytonsville330%$625,000$770,000-18.8%

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