In April 2019, there were 44 homes sold, with a median sale price of $792,938 - a 6.7% decrease over the $850,000 median sale price for the same period of the previous year. There were 41 homes sold in Potomac in April 2018.
The median sales tax in Potomac for the most recent year with available data, 2016, was $9,559, approximately 1.2% of the median home sale price for April 2019.
The following table compares Potomac to other Montgomery County cities with similar median sales prices in April 2019:
City | Apr. 2019 Home Sales | Apr. 2018 Home Sales | % change (Total Home Sales) | Apr. 2019 Median Sales Price | Apr. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Chevy Chase | 5 | 19 | -73.7% | $1,670,000 | $1,200,000 | 39.2% |
Travilah | 8 | 11 | -27.3% | $1,360,000 | $850,000 | 60% |
Bethesda | 65 | 70 | -7.1% | $920,000 | $1,152,500 | -20.2% |
North Bethesda | 26 | 26 | 0% | $837,500 | $714,500 | 17.2% |
South Kensington | 21 | 11 | 90.9% | $800,000 | $735,000 | 8.8% |
Potomac | 44 | 41 | 7.3% | $792,937.50 | $850,000 | -6.7% |
Cabin John | 2 | 4 | -50% | $771,828.50 | $1,045,500 | -26.2% |
North Potomac | 13 | 12 | 8.3% | $751,000 | $750,500 | 0.1% |
Rossmoor | 1 | 0 | - | $735,000 | $0 | - |
Darnestown | 9 | 8 | 12.5% | $700,000 | $814,000 | -14% |
Laytonsville | 3 | 5 | -40% | $650,000 | $675,000 | -3.7% |