What's Hot: The 2,600 Units in Progress, and 500 Units on Hold, in Rosslyn | Do Three Months of Rising Home Sales Mean The Market is Turning a Corner?
The Maryland Suburbs With the Highest Home Price Appreciation in 2020
Today, UrbanTurf is taking a look at the close-in Maryland suburbs that have seen the highest home price appreciation this year.
In the table below, we outline the six areas that have seen the largest increase in home values. In order to qualify for the list, a jurisdiction had to record at least 20 sales this year. Also, if there was a wide disparity between the sales of single-family homes and condos/co-ops this year versus last year, we didn't include the area on the list.
story continues belowloading...
story continues above
The two cities leading the way with home price appreciation levels approaching 17% are also two of the perennially popular areas for buyers looking for single-family homes at relatively affordable prices: Mount Rainier and Takoma Park. Riverdale and Brentwood follow behind and even though both areas have seen double-digit percentage increase in values, the median price for both areas still comes in below $360,000. In fact, Glen Echo is the only city on the list with a median price above $1 million.
Photo by Chris Ellenbogen.
See other articles related to: mount rainier, mount rainier home prices, suburban maryland, suburban maryland home prices, takoma park housing market
This article originally published at https://dc.urbanturf.com/articles/blog/the-6-maryland-suburbs-with-the-highest-home-price-appreciation-in-2020/17238.
Most Popular... This Week • Last 30 Days • Ever
New renderings show the public space that will be part of the huge new residential de... read »
Several large projects are in the works across the Potomac in Rosslyn while others ha... read »
In this week's edition of Above Asking, we highlight a home in Mount Pleasant that so... read »
As Los Angeles looks to implement a "mansion tax" on April 1, UrbanTurf decided to ta... read »
The 2023 Home Buyers and Sellers Generational Trends report out today found that bab... read »
At an ANC 4A meeting on Tuesday night, representatives from Whole Foods said that the... read »
While homeowners must typically appeal by April 1st, new owners can also appeal.... read »
The application has been filed for the American City Diner along Connecticut Avenue i... read »
The 650,000 square-foot project, designed by Adjaye Associates and Hickok Cole, will ... read »
The largest development on the boards for the H Street Corridor is planned for a fami... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
- New Renderings Show Retail Plaza, Park at 435-Unit Takoma Metro Development
- The 2,600 Units in Progress, and 500 Units on Hold, in Rosslyn
- 12 Offers, $273,000 Above Asking in Mount Pleasant
- A Closer Look at the Mansion Tax
- Baby Boomers Pass Millennials As Largest Generation of Homebuyers, Per Report
- Whole Foods at Walter Reed To Open This Summer
- How to Appeal Your DC Property Tax Assessment
- Raze Application May Spell The End For One of DC's Last Diner Buildings
- A First Look at the Five-Building Centerpiece of the St. Elizabeth's Redevelopment
- 200-Unit Apartment Project Planned For Autozone Site Along the H Street Corridor
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro