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Sunday, November 24, 2024

Median home prices in North Potomac rose to $883,000 in August 2021

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The median sale price of a home sold in August 2021 in North Potomac rose by $108,000 while total sales increased by 4.2%, according to BlockShopper.com.

In August 2021, there were 25 homes sold, with a median sale price of $883,000 - a 13.9% increase over the $775,000 median sale price for the same period of the previous year. There were 24 homes sold in North Potomac in August 2020.

The median sales tax in North Potomac for the most recent year with available data, 2020, was $7,690, approximately 0.9% of the median home sale price for August 2021.

The following table compares North Potomac to other Montgomery County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Travilah2910190%$1,350,000$1,180,00014.4%
Bethesda1538286.6%$1,150,000$842,50036.5%
Potomac10148110.4%$1,115,000$841,25032.5%
Brookeville31200%$1,100,000$6,33317269.3%
Darnestown12119.1%$941,000$805,00016.9%
North Potomac25244.2%$883,000$775,00013.9%
Garrett Park220%$877,500$513,75070.8%
Laytonsville72250%$765,000$728,2505%
Takoma Park171421.4%$750,000$554,75035.2%
South Kensington156150%$710,000$872,500-18.6%
Rockville534323.3%$650,000$540,00020.4%

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