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Friday, November 15, 2024

North Potomac home prices rise in March 2019

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The median sale price of a home sold in March 2019 in North Potomac rose by $157,550 while total sales decreased by 80%, according to BlockShopper.com.

In March 2019, there were two homes sold, with a median sale price of $765,000 - a 25.9% increase over the $607,450 median sale price for the same period of the previous year. There were 10 homes sold in North Potomac in March 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 March 2019.

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

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Chevy Chase241650%$1,155,000$900,00028.3%
Bethesda574916.3%$980,000$925,0005.9%
Brookeville110%$875,000$1,090,000-19.7%
Potomac433234.4%$850,000$922,000-7.8%
Laytonsville13-66.7%$825,000$500,00065%
North Potomac210-80%$765,000$607,45025.9%
Darnestown6520%$723,750$499,00045%
North Bethesda211631.3%$709,918$650,0009.2%
South Kensington111010%$700,000$610,00014.8%
Ashton-Sandy Spring62200%$633,750$531,50019.2%
Garrett Park42100%$630,500$727,500-13.3%

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