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Monday, August 4, 2025

North Potomac home prices fall in December 2017

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The median sale price of a home sold in December 2017 in North Potomac fell by $22,875 while total sales decreased by 16.7%, according to BlockShopper.com.

In December 2017, there were 10 homes sold, with a median sale price of $615,000 - a 3.6% decrease over the $637,875 median sale price for the same period of the previous year. There were 12 homes sold in North Potomac in December 2016.

The median sales tax in North Potomac for the most recent year with available data, 2016, was $7,380, approximately 1.2% of the median home sale price for December 2017.

The following table compares North Potomac to other Montgomery County cities with similar median sales prices in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Darnestown23-33.3%$900,000$645,00039.5%
Laytonsville37-57.1%$720,000$489,00047.2%
Garrett Park110%$711,250$755,000-5.8%
North Bethesda1832-43.8%$661,500$692,750-4.5%
Dickerson21100%$630,000$125,000404%
North Potomac1012-16.7%$615,000$637,875-3.6%
South Kensington1015-33.3%$612,550$729,000-16%
North Kensington818-55.6%$549,950$380,00044.7%
Rockville3946-15.2%$549,000$557,500-1.5%
Derwood161233.3%$480,000$370,59729.5%
Takoma Park67-14.3%$474,500$475,000-0.1%

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