Edgewater home prices rise in March 2017

Edgewater home prices rise in March 2017
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The median sale price of a home sold in March 2017 in Edgewater rose by $24,836 while total sales decreased by 10%, according to BlockShopper.com.

In March 2017, there were 18 homes sold, with a median sale price of $347,000 – a 7.7% increase over the $322,165 median sale price for the same period of the previous year. There were 20 homes sold in Edgewater in March 2016.

The following table compares Edgewater 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)
Arden on the Severn 1 4 -75% $439,900 $240,750 82.7%
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%


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