Cape St. Claire home prices rise in the first quarter of 2017

Cape St. Claire home prices rise in the first quarter of 2017
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The median sale price of a home sold in the first quarter of 2017 in Cape St. Claire rose by $27,091 while total sales decreased by 17.6%, according to BlockShopper.com.

From January through March of 2017, there were 28 homes sold, with a median sale price of $326,000 – a 9.1% increase over the $298,910 median sale price for the same period of the previous year. There were 34 homes sold in Cape St. Claire in the first quarter of 2016.

The following table compares Cape St. Claire to other Anne Arundel County cities with similar median sales prices in the first quarter of 2017:

City Jan. – Mar. 2017 Home Sales Jan. – Mar. 2016 Home Sales % change (Total Home Sales) Jan. – Mar. 2017 Median Sales Price Jan. – Mar. 2016 Median Sales Price % change (Median Sales Price)
Briarwood 3 1 200% $355,000 $280,000 26.8%
Belhaven Beach 4 0 $352,000 $0
Friendship 1 0 $349,000 $0
Riviera Isle 1 2 -50% $337,000 $393,500 -14.4%
Jessup 7 6 16.7% $327,900 $228,500 43.5%
Cape St. Claire 28 34 -17.6% $326,000 $298,909.50 9.1%
Gambrills 6 7 -14.3% $322,500 $366,000 -11.9%
Herald Harbor 13 9 44.4% $315,000 $285,000 10.5%
Edgewater 49 45 8.9% $315,000 $312,000 1%
Annapolis 137 127 7.9% $309,000 $304,500 1.5%
Arnold 97 80 21.3% $300,000 $295,750 1.4%


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