Market report, updated

Market Report

Search in the subdivision of Potomac Outside

Mcmahanhomes.com
Report prepared by Mcmahanhomes.com Real Broker, LLC

Market at a glance

Over the last 6 months, homes sold for 97.2% of list price in 40 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.74M Sold · $1.68M
$4.2M$3.2M$2.2M$1.2M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 5 sales in Aug. Last month: 2.

Where the market stands

All homes in this report, by status.

24homes
Active8 · 33%
Under contract2 · 8%
Sold (6 mo)14 · 58%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$3.44M
Under contract$1.99M
Sold$2.85M

Average days on market

Active82 days
Under contract46 days
Sold40 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 8
Average list price $3,439,124
Avg. days on market 82 days
Avg. price per ft² $400
Avg. living area 8,071 ft²
Avg. beds / baths 6.0 / 6.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$9M$6M$3M$0

Price vs. living area: 8 homes plotted, up to $9M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

8611 Country Club Dr$588
8880 Bradley Blvd$574
10420 Oaklyn Dr$397
11200 Angus Pl$387
8711 Seven Locks Rd$349
10420 Riverwood Dr$334
10514 Unity Ln$316

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
10420 Riverwood DrPotomac, MD 20854 7911,598$3,875,000$3349 days
8711 Seven Locks RdBethesda, MD 20817 554,868$1,700,000$34936 days
10514 Unity LnPotomac, MD 20854 568,216$2,599,000$31619 days
11200 Angus PlPotomac, MD 20854 432,682$1,040,000$38766 days
8880 Bradley BlvdBethesda, MD 20817 7913,746$7,900,000$574115 days
8611 Country Club DrBethesda, MD 20817 7911,050$6,500,000$588100 days
8309 Old Seven Locks RdBethesda, MD 20817 877,626$1,999,999$262126 days
10420 Oaklyn DrPotomac, MD 20854 544,782$1,899,000$397183 days
Mcmahanhomes.com

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Mcmahanhomes.com Real Broker, LLC

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.