From January through December of 2018, there were 600 homes sold, with a median sale price of $900,000. There were 514 homes sold in Potomac in 2017, and the median sales price for the period was also $900,000.
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 2018.
The following table compares Potomac to other Montgomery County cities with similar median sales prices in 2018:
City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Chevy Chase | 214 | 218 | -1.8% | $1,162,500 | $1,152,450 | 0.9% |
Cabin John | 27 | 22 | 22.7% | $1,070,000 | $835,000 | 28.1% |
Travilah | 134 | 142 | -5.6% | $1,050,000 | $1,047,500 | 0.2% |
Bethesda | 874 | 924 | -5.4% | $996,500 | $950,000 | 4.9% |
Potomac | 600 | 514 | 16.7% | $900,000 | $900,000 | 0% |
South Kensington | 170 | 145 | 17.2% | $756,250 | $730,000 | 3.6% |
Brookeville | 24 | 24 | 0% | $754,500 | $646,750 | 16.7% |
Darnestown | 85 | 72 | 18.1% | $740,000 | $742,500 | -0.3% |
North Bethesda | 295 | 281 | 5% | $712,000 | $695,000 | 2.4% |
North Potomac | 185 | 177 | 4.5% | $685,000 | $690,000 | -0.7% |
Rossmoor | 5 | 3 | 66.7% | $680,000 | $715,000 | -4.9% |