The median sale price of a home sold in the first quarter of 2017 in Herald Harbor rose by $30,000 while total sales increased by 44.4%, according to BlockShopper.com.
From January through March of 2017, there were 13 homes sold, with a median sale price of $315,000 – a 10.5% increase over the $285,000 median sale price for the same period of the previous year. There were nine homes sold in Herald Harbor in the first quarter of 2016.
The following table compares Herald Harbor 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) |
|---|---|---|---|---|---|---|
| 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% |
| Arden on the Severn | 5 | 10 | -50% | $300,000 | $235,000 | 27.7% |
| Severn | 124 | 135 | -8.1% | $297,270 | $257,500 | 15.4% |
