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Potomac Lakes Home Values and Market Report

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Report prepared by MeetTheBarbosaGroup.com The Barbosa Group

Market at a glance

Over the last 12 months, homes sold for 100.8% of list price in 22 days on average.

Average price, last 12 months

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

List · $806K Sold · $795K
$950K$830K$710K$590K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 7 sales in May. Last month: 4.

Where the market stands

All homes in this report, by status.

58homes
Active7 · 12%
Under contract1 · 2%
Sold (12 mo)50 · 86%

Buyer's or seller's market?

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

1.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$755K
Under contract$550K
Sold$802K

Average days on market

Active26 days
Under contract35 days
Sold22 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 7
Average list price $754,642
Avg. days on market 26 days Based on 5 of 7 homes
Avg. price per ft² $282
Avg. living area 2,671 ft²
Avg. beds / baths 3.7 / 3.4

Price vs. living area

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

$1.5M$1M$500K$0

Price vs. living area: 7 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

2 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

20654 Settlers Pl$355
46744 Oakmere Ter$292
20358 Ashcroft Ter$281
20628 Glenmere Sq$265
20951 Cherokee Ter$265
46415 Hampshire Station Dr$263
46790 Manchester Ter$256

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
20654 Settlers PlSterling, VA 20165 432,816$1,000,000$355—
46415 Hampshire Station DrSterling, VA 20165 443,640$957,500$26331 days
20358 Ashcroft TerSterling, VA 20165 332,412$680,000$281—
20628 Glenmere SqSterling, VA 20165 332,566$680,000$26526 days
20951 Cherokee TerSterling, VA 20165 332,542$675,000$26531 days
46790 Manchester TerSterling, VA 20165 542,588$665,000$2561 day
46744 Oakmere TerSterling, VA 20165 442,139$625,000$29240 days
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