In August 2018, there were 28 homes sold, with a median sale price of $754,000 - a 28.9% increase over the $585,000 median sale price for the same period of the previous year. There were nine homes sold in North Potomac in August 2017.
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 August 2018.
The following table compares North Potomac to other Montgomery County cities with similar median sales prices in August 2018:
| City | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Cabin John | 4 | 1 | 300% | $1,145,000 | $1,665,000 | -31.2% |
| Bethesda | 84 | 84 | 0% | $1,015,566.50 | $987,500 | 2.8% |
| Potomac | 78 | 38 | 105.3% | $980,500 | $960,500 | 2.1% |
| Darnestown | 7 | 7 | 0% | $930,000 | $822,500 | 13.1% |
| Brookeville | 5 | 0 | - | $759,000 | $0 | - |
| North Potomac | 28 | 9 | 211.1% | $754,000 | $585,000 | 28.9% |
| South Kensington | 22 | 14 | 57.1% | $747,495 | $696,200 | 7.4% |
| Garrett Park | 3 | 6 | -50% | $725,000 | $617,500 | 17.4% |
| Ashton-Sandy Spring | 11 | 7 | 57.1% | $710,000 | $650,000 | 9.2% |
| North Bethesda | 37 | 32 | 15.6% | $710,000 | $737,000 | -3.7% |
| Poolesville | 7 | 7 | 0% | $625,000 | $425,000 | 47.1% |
Alerts Sign-up