Chevy Chase (Montgomery County) home prices rise in September 2020

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The median sale price of a home sold in September 2020 in Chevy Chase in Montgomery County rose by $175,500 while total sales decreased by 33.3%, according to

In September 2020, there were 12 homes sold, with a median sale price of $1,235,000 - a 16.6% increase over the $1,059,500 median sale price for the same period of the previous year. There were 18 homes sold in Chevy Chase in September 2019.

The median sales tax in Chevy Chase for the most recent year with available data, 2016, was $11,021, approximately 0.9% of the median home sale price for September 2020.

The following table compares Chevy Chase to other Montgomery County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Chevy Chase1218-33.3%$1,235,000$1,059,50016.6%
Cabin John21100%$1,207,500$880,00037.2%
Garrett Park220%$1,112,000$567,50095.9%
North Potomac1517-11.8%$790,000$687,50014.9%
North Bethesda271850%$765,500$592,00029.3%
Takoma Park10825%$690,500$577,50019.6%
* This story only considers sales data for the part of Chevy Chase that is in Montgomery County.

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