20854 Real Estate Market

20854 Market

The median sale price for homes in 20854 over the last 12 months is $805,000.


The median mortgage debt is $303,512.

Additional Statistics for Single Family Homes and Condos in Potomac, MD
$1,356,760
Median Listing Price
51
Median Days on Market
229
Active Listings
1.3%
Distressed Listings
(foreclosures and short sales)
20854 (Potomac, MD) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Potomac is $1,389,000. The list prices increased by 2.73% from the previous month.

The price per square foot for listings in this area is $384.

The median sale price in December for single family homes is $721,000. The sale prices dropped by -10.71% from the previous month.

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20854 (Potomac, MD) Market Inventory Trends

The number of active listings in Potomac increased by 4.1% from the previous month.

The median number of days active properties have been listed is 52. This is significantly shorter than the national average.

The number of sales in December dropped by 62.5% from the previous month.

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20854 (Potomac, MD) Property Ownership

The percent of unoccupied properties is very low in Potomac. It is -10.69% below the national average.

The percent of owner occupied properties in Potomac is 27.58% above the national average.

The percent of rental properties in Potomac is 14.09% below the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.