Arnold home prices fall in March 2017

Arnold home prices fall in March 2017
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The median sale price of a home sold in March 2017 in Arnold fell by $56,000 while total sales increased by 5.1%, according to BlockShopper.com.

In March 2017, there were 41 homes sold, with a median sale price of $284,000 – a 16.5% decrease over the $340,000 median sale price for the same period of the previous year. There were 39 homes sold in Arnold in March 2016.

The following table compares Arnold 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)
Gambrills 4 3 33.3% $310,000 $259,000 19.7%
Lake Shore 26 25 4% $307,932.50 $274,900 12%
Briarwood 1 0 $305,000 $0
Severn 39 58 -32.8% $297,000 $257,000 15.6%
Odenton 69 57 21.1% $285,000 $270,000 5.6%
Arnold 41 39 5.1% $284,000 $340,000 -16.5%
Deale 11 7 57.1% $280,000 $212,500 31.8%
Herald Harbor 5 2 150% $277,500 $299,000 -7.2%
Pasadena 40 36 11.1% $263,750 $236,000 11.8%
Crofton 43 48 -10.4% $259,900 $300,000 -13.4%
Belhaven Beach 2 0 $258,000 $0


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