The median sale price of a home sold in May 2017 in Edgewater fell by $30,000 while total sales increased by 19%, according to BlockShopper.com.
In May 2017, there were 25 homes sold, with a median sale price of $305,000 – a 9% decrease over the $335,000 median sale price for the same period of the previous year. There were 21 homes sold in Edgewater in May 2016.
The following table compares Edgewater 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) |
|---|---|---|---|---|---|---|
| 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% |
| Arden on the Severn | 3 | 3 | 0% | $285,000 | $499,900 | -43% |
| Belhaven Beach | 2 | 0 | – | $281,024.50 | $0 | – |
| Rock Creek Park | 1 | 0 | – | $275,000 | $0 | – |
| Arnold | 44 | 53 | -17% | $273,450 | $377,000 | -27.5% |
