Quantcast

Montgomery News

Friday, November 15, 2024

North Potomac home prices rise in the second quarter of 2019

Re 5

The median sale price of a home sold in the second quarter of 2019 in North Potomac rose by $31,000 while total sales decreased by 10.9%, according to BlockShopper.com.

From April through June of 2019, there were 49 homes sold, with a median sale price of $732,000 - a 4.4% increase over the $701,000 median sale price for the same period of the previous year. There were 55 homes sold in North Potomac in the second quarter of 2018.

The median sales tax in North Potomac for the most recent year with available data, 2016, was $7,380, approximately 1% of the median home sale price for the second quarter of 2019.

The following table compares North Potomac to other Montgomery County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Cabin John79-22.2%$944,657$1,142,000-17.3%
Potomac178184-3.3%$900,000$899,5000.1%
South Kensington60559.1%$800,000$807,000-0.9%
Brinklow110%$749,000$650,00015.2%
North Bethesda987924.1%$744,500$724,0002.8%
North Potomac4955-10.9%$732,000$701,0004.4%
Rossmoor21100%$731,167.50$715,0002.3%
Darnestown2526-3.8%$725,000$845,000-14.2%
Garrett Park511-54.5%$662,000$627,0005.6%
Brookeville11837.5%$640,000$712,500-10.2%
Takoma Park483060%$621,000$565,0009.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS