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Potomac Real Estate Overview

Today, December 18, 2009

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

288	Homes For Sale	2	Open Homes
140	Recently Sold	32	Foreclosures

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

-45.5%

y-o-y

More Potomac Market Trends

Select chart to embed:

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

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 288 resale and new homes in Potomac on Trulia, including 2 open houses, as well as 32 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.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

Montgomery County Public Schools

Public

PK - 12

203

137,964

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

St Francis Episcopal Day School

Private

PK - 3

Bells Mill Elementary School

Public

PK - 5

Heights School

Catholic

3 - 12

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

View all Potomac Schools

14800 Pett…

$1,395,000

6 br 7 ½ ba

9304 Crims…

$1,395,000

5 br 4 ½ ba

1 Cliffe H…

$759,900

4 br 2 ba

9851 Avenel…

$3,595,000

6 br 5 full 2 partial ba

8124 Paisl…

$819,900

5 br 3 ½ ba

10704 Allo…

$2,995,000

6 br 7 full 2 partial ba

View all Potomac Homes for Sale

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

Local Spotlight

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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.

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.

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.

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. Close

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.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

Potomac Real Estate Overview

Market View for Potomac

Market Trends for Potomac

Home Prices for Montgomery County

Potomac Summary

Schools in Potomac

Community Info for Potomac

Homes for Sale in Potomac

Recent Q&A in Potomac, MD

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Nearby Cities Sold Homes

Nearby Cities Home Prices

Potomac Stats & Trends

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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. Close