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Maryland State Wire

Thursday, November 21, 2024

February 2022: Home prices in Travilah increased

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The median sale price of a home sold in February 2022 in Travilah rose by $291,250 while total sales decreased by 70%, according to BlockShopper.com.

In February 2022, there were three homes sold, with a median sale price of $1,425,000 - a 25.7% increase over the $1,133,750 median sale price for the same period of the previous year. There were 10 homes sold in Travilah in February 2021.

The median sales tax in Travilah for the most recent year with available data, 2020, was $12,551, approximately 0.9% of the median home sale price for February 2022.

The following table compares Travilah 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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