Annapolis home prices rise in March 2017

Annapolis home prices rise in March 2017
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The median sale price of a home sold in March 2017 in Annapolis rose by $28,000 while total sales decreased by 9.4%, according to BlockShopper.com.

In March 2017, there were 48 homes sold, with a median sale price of $332,500 – a 9.2% increase over the $304,500 median sale price for the same period of the previous year. There were 53 homes sold in Annapolis in March 2016.

The following table compares Annapolis to other Anne Arundel County cities with similar median sales prices in March 2017:

City Mar. 2017 Home Sales Mar. 2016 Home Sales % change (Total Home Sales) Mar. 2017 Median Sales Price Mar. 2016 Median Sales Price % change (Median Sales Price)
Mayo 5 12 -58.3% $385,000 $393,100 -2.1%
Riva 9 5 80% $380,000 $426,000 -10.8%
Parole 30 31 -3.2% $379,000 $330,000 14.8%
Cape St. Claire 11 13 -15.4% $365,000 $310,000 17.7%
Edgewater 18 20 -10% $347,000 $322,164.50 7.7%
Annapolis 48 53 -9.4% $332,500 $304,500 9.2%
Patuxent Manor 1 2 -50% $330,000 $305,937.50 7.9%
North River Forest 2 1 100% $323,000 $229,000 41%
Jessup 4 4 0% $322,150 $228,500 41%
Gambrills 4 3 33.3% $310,000 $259,000 19.7%
Lake Shore 26 25 4% $307,932.50 $274,900 12%


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