Potomac, MD
Housing market overview · Updated weekly
$1.27Mmedian sale price
Homes sold
31
Last 12 weeks
Days on market
31
Average pace
Active listings
77
2.5 months supply
Sale-to-list
100.1%
Above asking
The Potomac housing market is currently classified as a seller's market with a median sale price of $1.27M. Prices have fallen 5.0% compared to last year, with homes spending an average of 31 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Potomac?
The median home sale price in Potomac is $1.27M, down 5.0% from last year.
How long do homes stay on market in Potomac?
Homes typically spend 31 days on market before going under contract.
Is Potomac a buyer's or seller's market?
With 2.5 months of supply, Potomac is currently a seller's market.
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