MARKET UPDATE: FHA HAS RAISED THE LOAN LIMIT TO #729,750. While conventional loans are becoming more difficult, FHA LOANS with 5% down may help. Think about it and call me for a tour of homes in Potomac Maryland. The 20854 Zip Code.
Three homes in Potomac are offered for "Short Sale". They are priced in the $550,000 to $729,000 price range and all in FHA range.
LUXURY HOMES IN POTOMAC MARYLAND - THE PREMIER LUXURY HOME COMMUNITY IN MARYLAND.
Lovely homes on beautiful natural lots are typical of Avenel, a luxury home community in Potomac, Maryland.
Luxury is only the beginning of THE AVENEL STORY. 
Located in the town of luxury communities of Potomac,
Avenel is the only community in the area with amenities
for everyone. The championship golf course is popular
with local golfers and PGA Tour fans. The Kemper Open
and the Booz Allen Tournament have been held at
Avenel for some years.
AVENEL offers equestrian facilities for residents including boarding.
POTOMAC MARYLAND HOMES are close to several golf courses and AVENEL is a golf course community.
Potomac offers many golf courses, private and public for residents.
POTOMAC MARYLAND NEW HOME SOLD AUGUST 2006 $4,995,900
STATISTICS FOR POTOMAC MARYLAND
| 2006 | 2005 | % Change | |
|---|---|---|---|
| Total Sold Dollar Volume: | $ 46,896,290 | $ 51,717,100 | - 9.32 % |
| Average Sold Price: | $ 1,116,578 | $ 1,055,451 | 5.79 % |
| Median Sold Price: | $ 874,900 | $ 825,000 | 6.05 % |
| Total Units Sold: | 42 | 49 | - 14.29 % |
| Average Days on Market: | 85 | 25 | 240.00 % |
| Average List Price for Solds: | $ 1,144,210 | $ 1,068,363 | 7.10 % |
| Avg Sale Price as a percentage of Avg List Price: | 97.59 % | 98.79 % |
| 2007 | 2006 | % Change | |
|---|---|---|---|
| Total Sold Dollar Volume: | $ 34,454,250 | $ 46,896,290 | - 26.53 % |
| Average Sold Price: | $ 1,044,068 | $ 1,116,578 | - 6.49 % |
| Median Sold Price: | $ 860,000 | $ 874,900 | - 1.70 % |
| Total Units Sold: | 33 | 42 | - 21.43 % |
| Average Days on Market: | 86 | 85 | 1.18 % |
| Average List Price for Solds: | $ 1,114,434 | $ 1,144,210 | - 2.60 % |
| Avg Sale Price as a percentage of Avg List Price: | 93.69 % | 97.59 % |
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