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Potomac Real Estate Overview

Today, December 21, 2009

Market View for Potomac

Info
Avg. Listing Price $1,763,100 Wk ending Dec 08
-$58,235
-3.2%
w-o-w
Median Sales Price $740,000 Sep '09 - Nov '09
-$120,000
-14.0%
y-o-y
228Homes For Sale 0Open Homes
140Recently Sold 33Foreclosures

Market Trends for Potomac

Embed Info
Listing price – Potomac
Average Listing Price
$1,763,100
-3.2%
w-o-w
Median Sales Price
$740,000
-14%
y-o-y
Average price/sqft
$335
-5.1%
y-o-y
Number of Sales
24
-45.5%
y-o-y
More Potomac Market Trends
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Home Prices for Montgomery County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Dec 8
 
w-o-w

20817
$1,202,736
-2.7%
20854
$1,763,100
-3.6%
20814
$786,395
-3.4%
20815
$1,210,599
-6.0%
20850
$538,795
-1.8%
 
Movers & Shakers
Avg. listing price
Week ending Dec 8
 
w-o-w

20861
$503,145
-15.4%
20842
$841,761
+9.4%
20874
$317,811
-7.5%
20815
$1,210,599
-6.0%
20841
$540,530
-5.6%
 
View Montgomery County Home Prices Map
 

Potomac Summary

Average price per square foot for Potomac MD was $335, a decrease of 5.1% compared to the same period last year. The median sales price for homes in Potomac MD for Sep 09 to Nov 09 was $740,000 based on 24 home sales. Compared to the same period one year ago, the median home sales price decreased 14%, or $120,000, and the number of home sales decreased 45.5%.

There are currently 228 resale and new homes in Potomac on Trulia, including 33 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Potomac MD was $1,763,100 for the week ending Dec 08, which represents a decrease of 3.2%, or $58,235, compared to the prior week.

 

Community Info for Potomac

Info
More Potomac Community Info

Homes for Sale in Potomac

12308 Stoney Creek Road, Potomac MD
12308 Ston…
$699,000
 
10504 Rivers Bend Lane, Potomac MD
10504 Rive…
$2,850,000
6 br  6 ½ ba
9900 New London Drive, Potomac MD
9900 New L…
$6,400,000
7 br  5 full 3 partial ba
10617 Macarthur Boulevard, Potomac MD
10617 Maca…
$2,189,000
6 br  7 ½ ba
10421 Boswell Lane, Potomac MD
10421 Bosw…
$2,100,000
6 br  5 ½ ba
11504 Highland Farm Road, Potomac MD
11504 High…
$4,795,000
8 br  8 full 3 partial ba
View all Potomac Homes for Sale
 
Stats & Trends
Potomac

Real Estate Overview

Market Trends

Home Prices Map

Community Info

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Nearby Cities

Cities
Median
sales price
Average
listing price
North Potomac
$545,000
$579,946
Cabin John
$790,000
$1,449,384
Rockville
$526,000
$457,356
North Bethesda
$585,000
$590,955
Garrett Park
$505,000
$569,158
Gaithersburg
$299,950
$366,468
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Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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