From January through June of 2019, there were 289 homes sold, with a median sale price of $895,000. There were 291 homes sold in Potomac in the first half of 2018, and the median sales price for the period was also $895,000.
The median sales tax in Potomac for the most recent year with available data, 2016, was $9,559, approximately 1.1% of the median home sale price for the first half of 2019.
The following table compares Potomac to other Montgomery County cities with similar median sales prices in the first half of 2019:
| City | Jan. - June 2019 Home Sales | Jan. - June 2018 Home Sales | % change (Total Home Sales) | Jan. - June 2019 Median Sales Price | Jan. - June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Travilah | 54 | 62 | -12.9% | $1,252,500 | $992,500 | 26.2% |
| Chevy Chase | 112 | 95 | 17.9% | $1,150,000 | $1,200,000 | -4.2% |
| Bethesda | 385 | 440 | -12.5% | $995,000 | $998,000 | -0.3% |
| Cabin John | 9 | 17 | -47.1% | $944,657 | $945,000 | -0% |
| Potomac | 289 | 291 | -0.7% | $895,000 | $895,000 | 0% |
| South Kensington | 83 | 86 | -3.5% | $795,000 | $753,750 | 5.5% |
| North Bethesda | 151 | 147 | 2.7% | $731,900 | $699,000 | 4.7% |
| North Potomac | 72 | 84 | -14.3% | $729,500 | $690,000 | 5.7% |
| Rossmoor | 3 | 3 | 0% | $727,335 | $680,000 | 7% |
| Darnestown | 37 | 46 | -19.6% | $725,000 | $774,000 | -6.3% |
| Brinklow | 2 | 4 | -50% | $674,500 | $480,435 | 40.4% |
Alerts Sign-up