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Maryland State Wire

Tuesday, April 22, 2025

North Potomac home prices rise in January 2017

Realestate5

The median sale price of a home sold in January 2017 in North Potomac rose by $189,500 while total sales increased by 333.3%, according to BlockShopper.com.

In January 2017, there were 13 homes sold, with a median sale price of $780,000 - a 32.1% increase over the $590,500 median sale price for the same period of the previous year. There were three homes sold in North Potomac in January 2016.

The median sales tax in North Potomac for the most recent year with available data, 2016, was $7,380, approximately 0.9% of the median home sale price for January 2017.

The following table compares North Potomac to other Montgomery County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Travilah153400%$1,006,634$830,00021.3%
Chevy Chase196216.7%$990,000$863,00014.7%
Potomac382090%$867,500$940,100-7.7%
Bethesda6529124.1%$845,000$900,000-6.1%
North Potomac133333.3%$780,000$590,50032.1%
Darnestown72250%$695,000$552,75025.7%
South Kensington155200%$690,000$845,000-18.3%
Ashton-Sandy Spring52150%$689,000$729,000-5.5%
North Bethesda186200%$682,000$643,5006%
Garrett Park30-$629,000$0-
Laytonsville110%$625,000$880,000-29%

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