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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

North Darnestown
East BETHESDA/CHEVY CHASE
South McLEAN, VA
West Great Falls, VA

NEIGHBORHOOD LINKS

CIVIC ASSOCIATIONS:
Avenel
COUNTY GOVERNMENT
COUNTY SCHOOL

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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To discover more about Potomac and the Washington DC real estate market, including current listings and recent home sales, contact us:
202-965-3715  info@hananhomes.com

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