Altos Market Data for Realtors

Potomac, MD

Single-Family Homes

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Potomac, MD

Sat Sep 26 2020
This week the median list price for Potomac, MD is $1,845,000 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has held steady at or around 79. 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.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Potomac, MD

Sat Sep 26 2020
This week the median list price for Potomac, MD is $1,845,000 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has held steady at or around 79. 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.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Potomac market.
Median List Price $1,845,000
Per Square Foot $241
Days on Market 178
Price Decreased 30%
Price Increased 3%
Relisted 9%
Inventory 79
Median Rent $4,600
Most Expensive $18,500,000
Least Expensive $499,900
Market Action 49
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here.

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
$3,995,000 15,558 1 - 2.5 acres 7 9 18 3 0 171
$2,084,500 8,853 1 - 2.5 acres 6 6 18 4 2 315
$1,600,000 7,387 1 - 2.5 acres 5 5 27 2 3 149
$1,034,499 3,809 0.25 - 0.5 acre 4 3 47 8 8 73