Annapolis home prices rise in May 2017

Annapolis home prices rise in May 2017
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The median sale price of a home sold in May 2017 in Annapolis rose by $27,500 while total sales increased by 44%, according to BlockShopper.com.

In May 2017, there were 72 homes sold, with a median sale price of $335,000 – a 8.9% increase over the $307,500 median sale price for the same period of the previous year. There were 50 homes sold in Annapolis in May 2016.

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

City May 2017 Home Sales May 2016 Home Sales % change (Total Home Sales) May 2017 Median Sales Price May 2016 Median Sales Price % change (Median Sales Price)
Cape St. Claire 18 18 0% $364,475 $360,000 1.2%
Revell Downs 1 1 0% $350,000 $162,499 115.4%
Severn 55 62 -11.3% $345,000 $284,039.50 21.5%
Crofton 49 46 6.5% $344,900 $368,250 -6.3%
Greenwood Acres 3 4 -25% $339,000 $402,500 -15.8%
Annapolis 72 50 44% $335,000 $307,500 8.9%
Herald Harbor 8 1 700% $332,450 $365,000 -8.9%
Gambrills 3 1 200% $317,000 $708,000 -55.2%
Odenton 73 56 30.4% $305,000 $280,000 8.9%
Edgewater 25 21 19% $305,000 $335,000 -9%
Lake Shore 25 35 -28.6% $288,000 $289,000 -0.3%


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