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potomac
Real Estate Highlights
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Map of Potomac
Search for Homes in
Potomac
(Use
20854, 20859 zipcodes in Montgomery County)
REAL ESTATE
In 2011,
477 single-family homes sold in Potomac for an average
sale price of $990,658. The average list price was
$1,037,353. This represents a 6% decrease in the number
of sales and a 5% increase in the average sale price
from 2010. Homes were on the market in 2011 for an
average of 91 days.
Listed below are the number of sales of
single-family homes by price range for the past six
years.
|
Single-Family Homes |
2011 |
2010 |
2009 |
2008
|
2007 |
2006
|
|
Below $500,000 |
28 |
36 |
30 |
22 |
23 |
7 |
|
$500,000-$999,999 |
270 |
302 |
300 |
221 |
267 |
300 |
|
$1,000,000-$1,499,999 |
119 |
124 |
76 |
92 |
137 |
128 |
|
$1,500,000-$1,999,999 |
43 |
35 |
29 |
39 |
36 |
60 |
|
$2,000,000-$2,499,999 |
8 |
2 |
12 |
23 |
22 |
25 |
|
$2,500,000-$2,999,999 |
4 |
1 |
1 |
2 |
12 |
16 |
|
$3,000,000-$3,999,999 |
4 |
5 |
6 |
6 |
10 |
8 |
|
$4,000,000-$4,999,999 |
1 |
0 |
1 |
2 |
3 |
3 |
|
$5,000,000-$5,999,999 |
0 |
0 |
2 |
0 |
2 |
2 |
|
$6,000,000+ |
0 |
0 |
2 |
1 |
0 |
0 |
|
TOTAL |
477 |
505 |
459 |
408 |
512 |
549 |
If you have questions on how 2011 sales prices compare to
the last six years or would like detailed analysis for
this or other neighborhoods, contact us at
202-965-3715
or
info@hananhomes.com.
Calling
some of the houses in Potomac "homes" seems too little to
say. The size and majesty, the architectural details, and the custom details in many Potomac
luxury houses are amazing. Falconhurst, Green Briar
Preserve, Palatine, Piney Glen Farms and Bradley Farms
are just a few examples of up-scale neighborhoods in
Potomac. Most of these homes
are located just off River Road or Falls Road in the
southern half of Potomac. Avenel's 14 villages are
overflowing with elegant homes on rolling wooded
streets. The more than 1,000 acres of Avenel consists of
about 900 homes most surrounding the golf course. The types of homes
range from large courtyard townhouses, Cape Cods,
Georgians, Neoclassics, and large estates. The rest of
the homes in the southern half of Potomac are
single-family homes in contemporary, split-level,
rambler, Colonial and bungalow style. The closer the
neighborhoods are to the North and to Interstate 270,
the more likely the single-family homes will be
mixed with townhouses and condominiums. For example, one
of the latest developments, Potomac Village, has six 10-story
condominiums.
HIGHLIGHTS
Potomac is not an
incorporated area of Montgomery County. It is the 12th
most affluent zipcode in the United States. Potomac's
population is approximately 45,000.
Among
the beautiful sites and historic places in Potomac is
the Chesapeake and Ohio Canal National Historic
Park. In nearby Glen Echo are Glen Echo Park and the Clara Barton National Historic
Site. Forming somewhat of an eastern border for Potomac
is Cabin John Creek and its park. The Tournament Players
Club at Avenel provides a championship golf course.
While Potomac for years was thought of as being in the
country, for grazing cattle,
and only those who wanted wide-open spaces and
horseback riding, Potomac now has much to offer for
those who like a country feel mixed with amenities.
There still remain a few more modest homes with
several acres, many with stables and pastures, but a
majority has been bought up over the last couple of
decades to subdivide for larger homes or new
communities. Some of the largest mansions in the
Washington area are in Potomac, many of which are
set on several acres of land. The biggest development in
recent years is Avenel. Potomac also has several
settled neighborhoods such as Carderock and Potomac
Ranch, and Fawcett Farms, most built after the 1950s in
the southern section of the area. To the north, there
are also neighborhoods that spread into Potomac as
development around Tuckerman Lane, Westfield
Shoppingtown Montgomery, and Interstate 270 spread to
the South and West.
For its residents, Potomac has much to offer in the
performing arts, including the Glorystart Children's
Chorus, ArtSites-The Guild for Judaic Art, Potomac
Theatre Company, and in North Potomac, the Composers'
Society of Montgomery County. The Adventure Theatre and
The Puppet Company at the nearby Glen Echo Park put on
performances for all ages, and the Discovery Creek
Children's Museum is also located at the Park.
Potomac does not lack when it comes to recreation and
sports facilities. There are miles of trails in Potomac,
particularly connected with Cabin John Regional Park.
Eleven ball parks are located at Potomac schools, while
four additional fields are on parkland. There are 22
parks in Potomac, with the popular Hadleys Playground
located on Falls Road. The Cabin John Ice Rink and
indoor tennis courts are situated in nearby Rockville.
The Potomac Tennis and Fitness Club is on Potomac Tennis
Lane. The two recreation centers in Potomac are the Potomac
Community Center and Scotland Neighborhood Recreation
Center. The recreation building at Tilden Woods can be
rented for private events. Private stables for riding
are also available in Potomac, including the Avenel
Equestrian Center. In addition to Avenel
Country Club, there is a public golf course on Falls
Road.
Winston Churchill is Potomac's public high school. The
two middle schools are Cabin John and Herbert Hoover.
There are five elementary schools in Potomac. The
private schools in Potomac include Connelly School of
the Holy Child, a girls' 6th through 12th grade Catholic
school; the coed Bullis School is for 3rd to 12th
graders; the Heights School for boys for 3rd through
12th grade school; the German School for preK through
post graduate; and the McLean School of Maryland,
kindergarten through 12th grade. St. Andrews Episcopal
is 6th through 12th grade. Among the private elementary
schools are St. Francis Episcopal Day School and Manor
Montessori. There are several pre-schools including
Fourth Presbyterian, Apple Montessori, Geneva Day
School, Lone Oak Montessori, Potomac Glen Day School,
and Washington Hebrew Congregation Rabbi Joseph Weinberg
Early Childhood Center and Primary School. The branch
library is located on Glenolden Drive. The Senior Center
is located at the Potomac Community Center
The shopping in Potomac is focused mainly at the shops
at the crossroad of River and Falls Roads, many of which
are upscale, some catering to the equestrian needs
of locals. In addition to Potomac Place and Potomac
Village shopping centers, Westfield Shoppingtown Montgomery
Mall is a short
drive away as are the restaurants and shops in downtown
Bethesda. The Potomac Farmers Market is held every
Thursday from May through October on River Road although
many of the nurseries and local farmers also set out
stands for commuters throughout the year. Every year the
Potomac Hunt Races are held in May for the benefit of
Shady Grove Adventist Hospital. Ride On, the county's
local transit service,
connects to Metrobus and Metrorail.
HISTORY
The Canaze Indians were residing in what is now Potomac
at least by the early 18th Century. They were the
builders of a trail that was eventually called the
Tehogee Indian Trail, now River Road. Settlers came to
the area soon afterwards to farm the land, and it
remained agricultural for more than a century. In 1830,
construction began on the Chesapeake and Ohio Canal that
would run from Washington to Cumberland, Maryland. A
cornerstone was laid at an area called Offutts
Crossroads, but the name was changed to Potomac to honor
the river. (See also history of
Bethesda.)
ADJACENT
NEIGHBORHOODS
NEIGHBORHOOD
LINKS
Map of Potomac
To discover more about current listings
and recent home sales in potomac and
the washington dc
real estate market:
Call or e-mail us at
202-965-3715
info@hananhomes.com
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