In February 2019, there were nine homes sold, with a median sale price of $665,000 - a 37.5% increase over the $483,750 median sale price for the same period of the previous year. There were 10 homes sold in North Potomac in February 2018.
The median sales tax in North Potomac for the most recent year with available data, 2016, was $7,380, approximately 1.1% of the median home sale price for February 2019.
The following table compares North Potomac to other Montgomery County cities with similar median sales prices in February 2019:
City | Feb. 2019 Home Sales | Feb. 2018 Home Sales | % change (Total Home Sales) | Feb. 2019 Median Sales Price | Feb. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Potomac | 23 | 30 | -23.3% | $800,000 | $801,773 | -0.2% |
South Kensington | 5 | 10 | -50% | $752,500 | $612,000 | 23% |
Darnestown | 4 | 7 | -42.9% | $714,500 | $695,000 | 2.8% |
Takoma Park | 5 | 10 | -50% | $695,000 | $511,500 | 35.9% |
North Bethesda | 13 | 26 | -50% | $684,000 | $722,500 | -5.3% |
North Potomac | 9 | 10 | -10% | $665,000 | $483,750 | 37.5% |
Ashton-Sandy Spring | 2 | 3 | -33.3% | $648,000 | $820,000 | -21% |
Poolesville | 2 | 6 | -66.7% | $545,000 | $375,000 | 45.3% |
Silver Spring | 18 | 45 | -60% | $521,750 | $527,500 | -1.1% |
Olney | 21 | 18 | 16.7% | $500,000 | $476,250 | 5% |
Rockville | 27 | 31 | -12.9% | $479,000 | $417,280 | 14.8% |