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In March 2018, there were 10 homes sold, with a median sale price of $607,450 - a 13.8% decrease over the $705,000 median sale price for the same period of the previous year. There were 11 homes sold in North Potomac in March 2017.
The median sales tax in North Potomac for the most recent year with available data, 2016, was $7,380, approximately 1.2% of the median home sale price for March 2018.
The following table compares North Potomac to other Montgomery County cities with similar median sales prices in March 2018:
City | Mar. 2018 Home Sales | Mar. 2017 Home Sales | % change (Total Home Sales) | Mar. 2018 Median Sales Price | Mar. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Cabin John | 2 | 1 | 100% | $793,500 | $785,000 | 1.1% |
Garrett Park | 2 | 4 | -50% | $727,500 | $695,800 | 4.6% |
Rossmoor | 1 | 0 | - | $680,000 | $0 | - |
North Bethesda | 16 | 14 | 14.3% | $650,000 | $755,000 | -13.9% |
South Kensington | 10 | 14 | -28.6% | $610,000 | $712,500 | -14.4% |
North Potomac | 10 | 11 | -9.1% | $607,450 | $705,000 | -13.8% |
Silver Spring | 34 | 48 | -29.2% | $535,450 | $462,000 | 15.9% |
Ashton-Sandy Spring | 2 | 3 | -33.3% | $531,500 | $469,900 | 13.1% |
Takoma Park | 11 | 9 | 22.2% | $508,100 | $352,500 | 44.1% |
Laytonsville | 3 | 3 | 0% | $500,000 | $690,000 | -27.5% |
Darnestown | 5 | 4 | 25% | $499,000 | $812,500 | -38.6% |