HOMESbyRP of eXp Realty / Richard Pearrell

Potomac, MD

Single-Family Homes

https://HOMESbyRP.com GRI, Associate Broker DC, MD, VA & REALTOR® in FL at eXp Realty, LLC / (301) 991-7061 /


Potomac, MD

Tue Apr 15 2025
This week the median list price for Potomac, MD is $2,495,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has increased to 49. Click here to stay informed with the Potomac market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Potomac, MD

Tue Apr 15 2025
This week the median list price for Potomac, MD is $2,495,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has increased to 49. Click here to stay informed with the Potomac market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Potomac market.
Median List Price $2,495,000
Median Price of New Listings $2,100,000
Per Square Foot $372
Average Days on Market 84
Median Days on Market 28
Price Decreased 31%
Price Increased 2%
Relisted 2%
Inventory 49
Median Rent
Market Action 44
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$6,972,500 15,454 2.5 - 5 acres 7 9 22 1 1 140
$3,045,000 8,605 1 - 2.5 acres 6 7 33 1 1 21
$2,137,500 5,894 0.5 - 1 acre 5 4.5 36 3 1 28
$1,575,000 4,935 0.25 - 0.5 acre 5 4 42 2 5 7