Quantcast

Montgomery News

Friday, November 15, 2024

Potomac home prices fall in March 2019

Re 9

The median sale price of a home sold in March 2019 in Potomac fell by $72,000 while total sales increased by 34.4%, according to BlockShopper.com.

In March 2019, there were 43 homes sold, with a median sale price of $850,000 - a 7.8% decrease over the $922,000 median sale price for the same period of the previous year. There were 32 homes sold in Potomac in March 2018.

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 March 2019.

The following table compares 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)
Cabin John12-50%$1,363,500$793,50071.8%
Travilah812-33.3%$1,305,000$1,150,00013.5%
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%

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