How's the Real Estate Market in North Potomac MD?
North Potomac home sales saw the following changes in March 2020 compared to last year at this time:
- average sold price was $542.039 compared to last year's $555,152.
- average days on market to sell a home went to 50 days from 25 days
- average sold price sellers are getting changed to 98.6% from 98.8%
North Potomac market activity is summarized in the following chart (mouse over for details):
North Potomac Homes Sold
In March there were 8 single family homes, 5 townhouses and 0 condos sold. There was no cash buyers (mostly investors) during the month of March.
The chart below shows average home price in North Potomac by type.
Are Sellers Getting Their Asking Price in North Potomac?
The chart below shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions.
How Long is it Taking to Sell a Home?
The average days on market in March 2020 was 50 compared to 25 days in February last year. You can see more market statistics in our North Potomac Real Estate Trends Market Report.
Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market. Search for North Potomac homes for sale, save your favorites and get updates:
