Falling home prices in Briarwood in 2021

Falling home prices in Briarwood in 2021
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The median sale price of a home sold in 2021 in Briarwood fell by $84,000 while total sales decreased by 15.4%, according to BlockShopper.com.

From January through December of 2021, there were 11 homes sold, with a median sale price of $441,000 – a 16% decrease over the $525,000 median sale price for the previous year. There were 13 homes sold in Briarwood in 2020.

The following table compares Briarwood to other Anne Arundel County cities with similar median sale prices in 2021:

City Jan. – Dec. 2021 Home Sales Jan. – Dec. 2020 Home Sales % change (Total Home Sales) Jan. – Dec. 2021 Median Sales Price Jan. – Dec. 2020 Median Sales Price % change (Median Sales Price)
Friendship 1 5 -80% $550,000 $376,000 46.3%
Carriage Hills 1 6 -83.3% $500,000 $617,500 -19%
Gambrills 26 36 -27.8% $497,500 $512,500 -2.9%
Mayo 94 171 -45% $475,000 $439,000 8.2%
Parole 225 354 -36.4% $450,000 $422,500 6.5%
Briarwood 11 13 -15.4% $441,000 $525,000 -16%
Arden on the Severn 31 41 -24.4% $437,500 $391,000 11.9%
Riviera Isle 5 5 0% $435,000 $480,000 -9.4%
Annapolis 417 624 -33.2% $435,000 $414,750 4.9%
Herald Harbor 29 56 -48.2% $435,000 $379,950 14.5%
Green Gables 3 5 -40% $434,500 $379,000 14.6%


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