Quantcast

Montgomery News

Friday, November 15, 2024

Potomac home prices rise in June 2019

Re 8

The median sale price of a home sold in June 2019 in Potomac rose by $103,000 while total sales remained unchanged with 73 homes sold, according to BlockShopper.com.

In June 2019, there were 73 homes sold, with a median sale price of $995,000 - a 11.5% increase over the $892,000 median sale price for the same period of the previous year. There were 73 homes sold in Potomac in June 2018, as well.

The median sales tax in Potomac for the most recent year with available data, 2016, was $9,559, approximately 1% of the median home sale price for June 2019.

The following table compares Potomac to other Montgomery County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Cabin John34-25%$1,490,000$1,081,00037.8%
Travilah1316-18.8%$1,358,000$1,017,50033.5%
Chevy Chase302330.4%$1,090,000$1,300,000-16.2%
Bethesda90116-22.4%$1,035,000$982,0005.4%
Potomac73730%$995,000$892,00011.5%
Darnestown9650%$841,000$771,5009%
North Bethesda332065%$785,000$704,50011.4%
South Kensington1627-40.7%$777,750$891,000-12.7%
Brinklow110%$749,000$650,00015.2%
North Potomac2027-25.9%$730,000$700,0004.3%
Rossmoor110%$727,335$715,0001.7%

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