Home prices increased in Lake Shore during the second half of 2021

Home prices increased in Lake Shore during the second half of 2021
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The median sale price of a home sold in the second half of 2021 in Lake Shore rose by $31,000 while total sales decreased by 40.3%, according to BlockShopper.com.

From July through December of 2021, there were 111 homes sold, with a median sale price of $381,000 – a 8.9% increase over the $350,000 median sale price for the same period of the previous year. There were 186 homes sold in Lake Shore in the second half of 2020.

The following table compares Lake Shore 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)
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%
Crofton 98 296 -66.9% $368,000 $379,750 -3.1%
Maryland City 45 79 -43% $365,000 $328,000 11.3%


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