Quantcast

Montgomery News

Thursday, November 28, 2024

Potomac median home prices rose by 11.8% in September 2021

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in September 2021 in Potomac rose by $111,889 while total sales increased by 21.6%, according to BlockShopper.com.

In September 2021, there were 62 homes sold, with a median sale price of $1,061,889 - a 11.8% increase over the $950,000 median sale price for the same period of the previous year. There were 51 homes sold in Potomac in September 2020.

The median sales tax in Potomac for the most recent year with available data, 2020, was $9,107, approximately 0.9% of the median home sale price for September 2021.

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

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Travilah13130%$1,400,000$1,210,00015.7%
Chevy Chase2812133.3%$1,315,000$1,235,0006.5%
Bethesda1078427.4%$1,100,000$894,00023%
Potomac625121.6%$1,061,888.50$950,00011.8%
Garrett Park3250%$1,030,000$1,112,000-7.4%
Laytonsville45-20%$932,500$592,00057.5%
Brinklow12-50%$915,000$1,375,000-33.5%
Cabin John12-50%$905,000$1,207,500-25.1%
Washington Grove10-$899,900$0-
Darnestown82300%$887,000$970,000-8.6%
Dickerson20-$887,000$0-

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS