In May 2017, there were 68 homes sold, with a median sale price of $914,509 - a 2.6% decrease over the $938,500 median sale price for the same period of the previous year. There were 66 homes sold in Potomac in May 2016.
The median sales tax in Potomac for the most recent year with available data, 2016, was $9,559, approximately 1% of the median home sale price for May 2017.
The following table compares Potomac to other Montgomery County cities with similar median sales prices in May 2017:
City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Chevy Chase | 22 | 15 | 46.7% | $1,270,000 | $1,299,000 | -2.2% |
Travilah | 13 | 15 | -13.3% | $1,080,000 | $980,000 | 10.2% |
Cabin John | 2 | 3 | -33.3% | $973,250 | $875,000 | 11.2% |
Bethesda | 102 | 96 | 6.3% | $949,500 | $895,000 | 6.1% |
Potomac | 68 | 66 | 3% | $914,509 | $938,500 | -2.6% |
Brinklow | 1 | 1 | 0% | $780,000 | $506,107 | 54.1% |
Darnestown | 7 | 7 | 0% | $760,000 | $890,000 | -14.6% |
North Potomac | 29 | 24 | 20.8% | $738,000 | $718,000 | 2.8% |
South Kensington | 14 | 13 | 7.7% | $732,500 | $747,000 | -1.9% |
North Bethesda | 32 | 29 | 10.3% | $701,000 | $725,000 | -3.3% |
Takoma Park | 15 | 17 | -11.8% | $620,000 | $510,000 | 21.6% |