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MoCo Areas
- Bethesda
- Clarksburg
- Darnestown
- Gaithersburg
- Germantown
- North Potomac
- Olney
- Poolesville
- Potomac
- Rockville
- Silver Spring
Article Topics
Past Articles
- March 2010 (5)
- February 2010 (3)
- January 2010 (7)
- December 2009 (53)
- November 2009 (4)
- October 2009 (5)
- September 2009 (5)
- August 2009 (21)
- July 2009 (7)
- June 2009 (16)
- May 2009 (6)
- April 2009 (5)
- March 2009 (4)
- February 2009 (7)
- January 2009 (8)
- December 2008 (6)
- November 2008 (9)
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North Potomac
Created in the late 1980s as a separate postal area, North Potomac is generally considered to be the area south and west of Route 28 outside the City of Gaithersburg. Potomac and Rockville border North Potomac to the south and east. Darnestown borders North Potomac to the west along Jones Lane. For the purposes of this site, homes for the entire 20878 zip code are included for North Potomac.
Neighborhoods
Here’s a few of the most popular neighborhoods in North Potomac. See the map below for North Potomac boundaries and locations of these neighborhoods.
| - Amberfield |
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| - Ancient Oak | - Potomac Chase | |||
| - Belvedere | - Potomac Grove | |||
| - Brighton West | - Quail Run | |||
| - Bondbrook | - Quince Haven | |||
| - Diamond Farm | - Quince Orchard Knolls | |||
| - Dufief | - Quince Orchard Manor | |||
| - Dufief Mill | - Quince Orchard Park | |||
| - Dufief Mill Estates | - Roberts Landing | |||
| - Echo Dale | - Shady Grove Village | |||
| - Fernshire Farms | - Stonebridge | |||
| - Haddonfield | - The Paddock | |||
| - Kentlands | - Warther | |||
| - Lakelands | - Washington Tower | |||
| - Lakelands Ridge | - Washingtonian Center | |||
| - Mills Farm | - Washingtonian Woods | |||
| - Natalie Estates | - Westleigh | |||
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Schools
Homes in North Potomac are assigned to the Quince Orchard H.S., Wootton H.S. and Northwest H.S. school clusters. Always verify a home’s school assignment at MCPS.
Are you just learning about Montgomery County? Take a tour and see all home prices for Montgomery County.
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| North Potomac is a great place to live. Call anytime at 301-527-9079 or send an email for help buying and selling in this great community. |  |
Huge End Unit Townhome in Potomac Grove
March 18th, 2010 Categories: North Potomac, Our Homes, Potomac Grove
This three level, end-unit townhome has amazing space and amazing amenities. Located on a premium lot, features include a one car garage, cathedral ceilings, large back deck and spacious recreation are with towering ceilings and fireplace. See all the details at www.SourCherryWay.com.
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Sparkling Colonial in North Potomac
March 3rd, 2010 Categories: North Potomac, Our Homes
This sparkling colonial home is a rare find in the Wootton school cluster. I dare you to find a home with prettier hardwood floors on the main level. The kitchen and family room share an open space which is ideal for daily living. The kitchen is new and it’s a “Wow!” Check out all the details at www.CoralGablesWay.com.
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Pristine Three Level Townhome
February 26th, 2010 Categories: Gaithersburg, North Potomac, Our Homes
It’s rare to discover a home in any price range with the same condition of this end-unit townhome. Everything has been updated and everything is perfect. You’ll love the condition with renovated kitchen and baths, the stylish paint and new systems. Even better, this home enjoys a fantastic location walking distance to coffee shops, a grocery store and more. Take a virtual tour and get all the details at www.100PontiacWay.com.
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Free Real Estate Market Report
January 16th, 2010 Categories: Mills Farm, North Potomac, Orchard Hills, Orchard Knolls, Potomac Chase, Potomac Grove, Quince Haven, Stone Bridge, Willow Ridge
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Past Sales for North Potomac
December 9th, 2009 Categories: North Potomac
Past sales for North Potomac in 2009 are listed below. Contact us with any questions about the market for homes in this great area of Montgomery County.
| Ancient Oak Past Sales | |||||
| Mills Farm Past Sales | |||||
| Orchard Hills Past Sales | |||||
| Potomac Chase Past Sales | |||||
| Potomac Grove Past Sales | |||||
| Quail Run Past Sales | |||||
| Quince Haven Past Sales | |||||
| Quince Orchard Knolls Past Sales | |||||
| Stonebridge Past Sales | |||||
| Willow Ridge Past Sales | |||||
| Address | Sold | Price | Lot | Year | |
| 12313 Pueblo Rd | 1/30/09 | 443,000 | 0.27 | 1974 | |
| 11944 Bambi Ct | 2/10/09 | 275,000 | 0.14 | 1978 | |
| 16617 Raven Rock Dr | 2/20/09 | 305,000 | 0.14 | 1978 | |
| 14013 Natia Manor Dr | 4/24/09 | 750,000 | 0.23 | 1994 | |
| 11404 Ramsburg Ct | 5/14/09 | 930,000 | 0.18 | 2003 | |
| 16545 Sioux Ln | 5/27/09 | 424,900 | 0.22 | 1980 | |
| 12617 Fellowship Way | 6/5/09 | 720,000 | 0.48 | 2007 | |
| 13537 Hunting Hill Way | 6/19/09 | 1,231,000 | 2.05 | 1990 | |
| 12209 Pueblo Rd | 6/25/09 | 408,000 | 0.28 | 1974 | |
| 13112 Moran Ct | 6/26/09 | 781,000 | 2.30 | 1964 | |
| 10505 Orchard Valley Dr | 6/29/09 | 780,000 | 0.28 | 1991 | |
| 116 Alderwood Dr | 7/6/09 | 1,011,000 | 0.37 | 1999 | |
| 12305 Pueblo Rd | 7/20/09 | 455,000 | 0.28 | 1974 | |
| 16567 Sioux Ln | 8/10/09 | 430,000 | 0.22 | 1981 | |
| 11105 Welland St | 8/13/09 | 1,000,000 | 0.32 | 2003 | |
| 13309 Query Mill Rd | 8/17/09 | 950,000 | 2.28 | 1986 | |
| 12905 Esworthy Rd | 8/21/09 | 865,000 | 2.10 | 1978 | |
| 5 Glenhurst Ct | 9/15/09 | 877,000 | 2.29 | 1977 | |
| 12904 Glen Rd | 9/23/09 | 1,200,000 | 2.00 | 2001 | |
| 12900 Glen Rd | 10/20/09 | 1,365,000 | 2.00 | 2005 | |
| 12217 Pueblo Rd | 10/27/09 | 443,000 | 0.29 | 1974 | |
| 13503 Hunting Hill Way | 10/28/09 | 920,000 | 2.06 | 1994 | |
| 307 Alderwood Dr | 11/13/09 | 935,000 | 0.25 | 1998 | |
| 13801 Hidden Glen Ln | 11/19/09 | 879,900 | 2.00 | 1985 | |
| 16629 Raven Rock Dr | 12/1/09 | 340,000 | 0.32 | 1977 |
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Modern ranch home in Ancient Oak
September 17th, 2009 Categories: Ancient Oak, Darnestown, North Potomac, Our Homes
This spacious ranch home in Ancient Oak features fantastic renovations throughout that give it a modern, craftsman feel inside. The back yard is an oasis with lush landscaping, a large level back yard, deck, hot tub and a sumptuous inground pool. This home is your own personal resort. Take a video tour and see all the details at www.AncientOakNorth.com.
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Regal North Potomac colonial
August 29th, 2009 Categories: North Potomac
This brick-front colonial is just six years young and has a huge floor plan. The open floorplan has what most buyers want today – great space in the family room opening to the kitchen. This home backs to protected conservation area and is in like-new condition. See more pictures and all the details at www.QORoad.com.
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North Potomac Pricing Trends
August 13th, 2009 Categories: North Potomac
Except for the highest price ranges, the real estate market in North Potomac is robust in all price points. Contracts over the last six months are up 30% compared to the same period last year. Here’s an overview of activity for all price ranges:
See the overall Montgomery County market update and North Potomac’’s inventory by price range from June’s market update.
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| Do you have questions about the North Potomac real estate market? Call us at 301-527-9079 or send an email for more info about buying, selling and living in North Potomac, Maryland. |  |
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North Potomac Market Update
June 28th, 2009 Categories: North Potomac
In an article from May, I was seeing a ton of demand for homes in North Potomac priced around $600,000. The chart below confirms this trend with less than two months’ inventory for homes priced from $600,000 to $800,000. Two factors are driving sales here: 1. motivated move-up buyers and 2. low available inventory. Two of our listings in North Potomac in this price range have attracted heavy showings and multiple offers. Buyers with low offers are losing out with such strong competition. They’ll insist that the market is so bad that any seller should jump on an offer 10% below asking price. This might be the case in other parts of the county, but not here in this price range.
As price creeps over $800,000, the demand gets softer. A buyer can get an FHA loan with only 3.5% down for mortgages under $730,000. Over that amount, buyers need more cash — 15 to 20%. The higher the loan amount, the higher the down payment percentage. Move-up buyers in the area can be challenged to come up with the extra cash especially if they have most of their cash locked-up in the equity of their current home. The stats for North Potomac vividly demonstrate this breaking point for financing a home much beyond the mid $700,000s.
These stats show inventory in late June 2009 and the number of contracts for the previous six months.
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| Do you have questions about the North Potomac real estate market? Call us at 301-527-9079 or send an email for more info about buying, selling and living in North Potomac, Maryland. | |
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Everything a homeowner could want
June 9th, 2009 Categories: Darnestown, North Potomac, Our Homes
Wow, what a long list of phenomenal features: all brick, nearly three acres, hardwoods throughout on 3 levels, 4 car garage (not a typo), fabulous custom kitchen, new master bath, main level bedroom office. … gotta take a breath… 3rd level bonus room, bright walkout basement, 3 fireplaces and more. I’m exhausted! See lots of pics and all details at www.FallingLeafCt.com.
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You bargain hunters are driving me crazy!
June 8th, 2009 Categories: Buying, Foreclosures, North Potomac, Potomac, Rockville
At least once a week I have the following conversation with a buyer:
Buyer - I’m really interested in foreclosures so I can get a great price.
Me - OK, foreclosures have pushed prices lower in several segments of our market. What else are you looking for?
Buyer - I would like a single family home in Potomac, Rockville or North Potomac under $1M in a good school district.
Me - Now we have a problem.
Don’t get me wrong, no one loves a bargain better than me. When buying a home, however, having “get a bargain” as the #1 purchase criteria is a recipe for disappointment. Why? Primarily, the inventory of distress sales is very low — and getting lower. This removes 80% of the available market for consideration.
But getting a bargain isn’t the primary criteria, is it? You also want a home that meets your needs and is located in your desired area and goes to your preferred school district. Filter the inventory of distress sales with this critieria and there’s nothing left.
Take a different approach. Even if distress sales are unavailable for homes that meet your needs, you can still find good values. Step #1 – Focus on the homes that meet your needs first. Step #2 – Find the best values within this subset of homes. Some distress sales may now be worth a look, but don’t overlook regular resales. For my buyers, I’ve negotiated the very best values with sellers who are motivated and have a lot of home equity.
Don’t be disappointed. First – find homes that meet your needs. Next – narrow in on the bargains.
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| Do you have questions about the Montgomery County real estate market? Call us at 301-527-9079 or send an email for more info about buying, selling and living in Montgomery County, Maryland. | |
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Paradise in your own back yard
May 27th, 2009 Categories: North Potomac
This great home features some great amenities. The family room has a brick fireplace and dramatic cathedral ceiling with skylights. You’ll find hardwood floors and custom built-ins throughout. It may well have the perfect back yard – lush, level and backing to parkland. See huge pics and details at www.BacksToPark.com.
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Breath-taking home in Potomac Grove
May 14th, 2009 Categories: North Potomac
This DR Horton home sparkles throughout. Stepping into the wide foyer with sweeping center stair case is breath taking. The main level living space is fantastic with bright custom kitchen and spacious family room. Discover big rooms and outstanding features throughout. See more huge pictures and all details at www.KwanzanCourt.com.
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This home in only two words: “Oh Mama!”
January 28th, 2009 Categories: North Potomac
If you have ever managed survived a major home renovation, you know how much work it is getting from “inspiration” to “relax-and-enjoy”. With this home, enjoy the fruits without the labor. Hardwood floors have been refinished, premium carpet is in great condition, and — best of all — the kitchen has been completely transformed. The traditional layout flows great and it enjoys a great cul-de-sac location. See tons of big pics, then visit this home’s private web site at www.TurleyCourt.com for all the details. You’ll agree: “Oh Mama!”
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Snapshot of million dollar homes in Montgomery County
January 21st, 2009 Categories: Bethesda, North Potomac, Potomac
Amidst declining home values in Montgomery County, we still have a healthy market for homes in the upper brackets. In 2008, 770 homes priced $950,000 or more sold for a total of $1.1 billion (with a ‘B’). For all price ranges, about 8,500 homes sold for a total of $4.27 billion. So even though 770 homes represents only about 9% of the number of homes sold, this was over 25% of the total sales volume for the year.
Over 80% of all homes in this price range sold in Bethesda, Potomac and Chevy Chase. Of these areas, Chevy Chase has the lowest inventory with about 6.8 months available. Bethesda has 7.8 months and Potomac has 9.7 months worth of inventory. It’s a bit trite but true: in real estate, it’s all about ‘location, location, location’. In our market, the closer to metropolitan D.C., the more expensive the home.
Looking across the County, the area with the lowest inventory in this price range is (surprisingly) North Potomac. Granted, the market in North Potomac is very different that that of ‘the big three’. In 2008 the average sales price for Bethesda, Potomac and Chevy Chase in this price range was $1.4M, $1.6M and $1.5M respectively over a much larger number of sales. The average sales price in North Potomac was about $1,140,000 over just 29 sales.
The table below summarizes the units sold, active listings and available inventory for each area. Contact us for more information about a particular neighborhood or for more details on this analysis. What are your thoughts on this segment of the real estate market? Add a comment below and let us know.
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