From January through March of 2021, there were 36 homes sold, with a median sale price of $650,000 - a 0% increase over the $649,900 median sale price for the same period of the previous year. There were 31 homes sold in North Potomac in the first quarter of 2020.
The median sales tax in North Potomac for the most recent year with available data, 2020, was $7,690, approximately 1.2% of the median home sale price for the first quarter of 2021.
The following table compares North Potomac to other Montgomery County cities with similar median sale prices in the first quarter of 2021:
City | Jan. - Mar. 2021 Home Sales | Jan. - Mar. 2020 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2021 Median Sales Price | Jan. - Mar. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Laytonsville | 5 | 8 | -37.5% | $770,000 | $463,000 | 66.3% |
Ashton-Sandy Spring | 18 | 10 | 80% | $757,500 | $445,750 | 69.9% |
Brookeville | 3 | 7 | -57.1% | $750,000 | $521,000 | 44% |
Garrett Park | 9 | 9 | 0% | $710,000 | $684,950 | 3.7% |
Hillandale | 4 | 5 | -20% | $662,500 | $423,000 | 56.6% |
North Potomac | 36 | 31 | 16.1% | $650,000 | $649,900 | 0% |
Takoma Park | 46 | 25 | 84% | $625,000 | $475,000 | 31.6% |
Olney | 103 | 102 | 1% | $541,000 | $455,000 | 18.9% |
Kemp Mill | 31 | 27 | 14.8% | $530,000 | $445,000 | 19.1% |
Colesville | 66 | 52 | 26.9% | $527,450 | $455,000 | 15.9% |
Dickerson | 8 | 4 | 100% | $524,000 | $328,293.50 | 59.6% |