How did home prices perform in Arden on the Severn during the fourth quarter of 2021?

How did home prices perform in Arden on the Severn during the fourth quarter of 2021?
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The median sale price of a home sold in the fourth quarter of 2021 in Arden on the Severn rose by $40,750 while total sales decreased by 75%, according to BlockShopper.com.

From October through December of 2021, there were three homes sold, with a median sale price of $431,500 – a 10.4% increase over the $390,750 median sale price for the same period of the previous year. There were 12 homes sold in Arden on the Severn in the fourth quarter of 2020.

The following table compares Arden on the Severn to other Anne Arundel County cities with similar median sale prices in the fourth quarter of 2021:

City Oct. – Dec. 2021 Home Sales Oct. – Dec. 2020 Home Sales % change (Total Home Sales) Oct. – Dec. 2021 Median Sales Price Oct. – Dec. 2020 Median Sales Price % change (Median Sales Price)
Venice on the Bay 1 6 -83.3% $455,000 $326,000 39.6%
Cape St. Claire 16 42 -61.9% $443,000 $393,000 12.7%
Severn 59 169 -65.1% $439,900 $375,000 17.3%
Parole 35 96 -63.5% $437,500 $414,750 5.5%
Green Gables 1 3 -66.7% $434,500 $650,000 -33.2%
Arden on the Severn 3 12 -75% $431,500 $390,750 10.4%
Paradise Beach 1 1 0% $425,000 $539,900 -21.3%
Herald Harbor 7 14 -50% $420,875 $425,000 -1%
Briarwood 1 4 -75% $420,000 $572,500 -26.6%
Lake Shore 51 89 -42.7% $416,250 $380,000 9.5%
Arnold 47 110 -57.3% $412,000 $437,000 -5.7%


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