In February 2017, there were 30 homes sold, with a median sale price of $1,062,500 - a 29.8% increase over the $818,500 median sale price for the same period of the previous year. There were 36 homes sold in Potomac in February 2016.
The median sales tax in Potomac for the most recent year with available data, 2016, was $9,559, approximately 0.9% of the median home sale price for February 2017.
The following table compares Potomac to other Montgomery County cities with similar median sales prices in February 2017:
| City | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Chevy Chase | 20 | 9 | 122.2% | $1,180,000 | $1,065,000 | 10.8% |
| Potomac | 30 | 36 | -16.7% | $1,062,500 | $818,500 | 29.8% |
| Bethesda | 78 | 61 | 27.9% | $925,750 | $917,000 | 1% |
| Travilah | 9 | 9 | 0% | $920,010 | $1,115,000 | -17.5% |
| Laytonsville | 2 | 2 | 0% | $775,000 | $318,500 | 143.3% |
| Brookeville | 3 | 2 | 50% | $675,000 | $546,000 | 23.6% |
| Garrett Park | 3 | 5 | -40% | $670,000 | $595,596 | 12.5% |
| North Potomac | 9 | 12 | -25% | $662,500 | $711,500 | -6.9% |
| North Bethesda | 18 | 30 | -40% | $589,025 | $650,000 | -9.4% |
| Cabin John | 4 | 1 | 300% | $577,500 | $1,200,000 | -51.9% |
| Ashton-Sandy Spring | 7 | 11 | -36.4% | $525,000 | $620,000 | -15.3% |
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