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In September 2018, there were 47 homes sold, with a median sale price of $975,000 - a 9.6% increase over the $889,759 median sale price for the same period of the previous year. There were 68 homes sold in Potomac in September 2017.
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 September 2018.
The following table compares Potomac to other Montgomery County cities with similar median sales prices in September 2018:
City | Sept. 2018 Home Sales | Sept. 2017 Home Sales | % change (Total Home Sales) | Sept. 2018 Median Sales Price | Sept. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Travilah | 8 | 20 | -60% | $1,012,500 | $996,000 | 1.7% |
Bethesda | 73 | 103 | -29.1% | $995,000 | $975,000 | 2.1% |
Chevy Chase | 19 | 22 | -13.6% | $995,000 | $1,322,500 | -24.8% |
Potomac | 47 | 68 | -30.9% | $975,000 | $889,759 | 9.6% |
Cabin John | 2 | 4 | -50% | $934,750 | $1,297,500 | -28% |
North Bethesda | 29 | 30 | -3.3% | $760,000 | $663,750 | 14.5% |
South Kensington | 14 | 11 | 27.3% | $753,500 | $650,000 | 15.9% |
Ashton-Sandy Spring | 13 | 4 | 225% | $701,001 | $572,500 | 22.4% |
Garrett Park | 3 | 1 | 200% | $656,000 | $681,000 | -3.7% |
Darnestown | 8 | 7 | 14.3% | $653,500 | $785,000 | -16.8% |
North Potomac | 17 | 17 | 0% | $645,000 | $639,900 | 0.8% |