Falling home prices in Green Gables in the second half of 2021

Falling home prices in Green Gables in the second half of 2021
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The median sale price of a home sold in the second half of 2021 in Green Gables fell by $121,500 while total sales decreased by 50%, according to BlockShopper.com.

From July through December of 2021, there were two homes sold, with a median sale price of $393,000 – a 23.6% decrease over the $514,500 median sale price for the same period of the previous year. There were four homes sold in Green Gables in the second half of 2020.

The following table compares Green Gables to other Anne Arundel County cities with similar median sale prices in the second half of 2021:

City July – Dec. 2021 Home Sales July – Dec. 2020 Home Sales % change (Total Home Sales) July – Dec. 2021 Median Sales Price July – Dec. 2020 Median Sales Price % change (Median Sales Price)
Rose Haven 2 10 -80% $423,000 $408,250 3.6%
Severn 130 304 -57.2% $420,000 $377,500 11.3%
North River Forest 4 6 -33.3% $418,500 $337,000 24.2%
Riverwood 3 3 0% $408,000 $404,000 1%
Bayside Beach 4 4 0% $401,250 $465,000 -13.7%
Green Gables 2 4 -50% $393,000 $514,500 -23.6%
Deale 17 65 -73.8% $390,000 $378,000 3.2%
Lake Shore 111 186 -40.3% $381,000 $350,000 8.9%
Whispering Woods 4 4 0% $374,500 $435,500 -14%
Edgewater 45 127 -64.6% $373,000 $375,000 -0.5%
Odenton 158 374 -57.8% $370,000 $330,000 12.1%


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