January 2022: Annapolis experienced a 3.4% drop in median home prices

January 2022: Annapolis experienced a 3.4% drop in median home prices
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The median sale price of a home sold in January 2022 in Annapolis fell by $14,750 while total sales decreased by 87.9%, according to BlockShopper.com.

In January 2022, there were seven homes sold, with a median sale price of $420,000 – a 3.4% decrease over the $434,750 median sale price for the same period of the previous year. There were 58 homes sold in Annapolis in January 2021.

The following table compares Annapolis to other Anne Arundel County cities with similar median sale prices in January 2022:

City Jan. 2022 Home Sales Jan. 2021 Home Sales % change (Total Home Sales) Jan. 2022 Median Sales Price Jan. 2021 Median Sales Price % change (Median Sales Price)
Edgewater 2 20 -90% $573,000 $386,500 48.3%
Cape St. Claire 2 14 -85.7% $486,250 $389,950 24.7%
Jessup 1 0 $435,000 $0
Arnold 7 25 -72% $425,000 $361,000 17.7%
Ferndale 3 24 -87.5% $421,000 $279,950 50.4%
Annapolis 7 58 -87.9% $420,000 $434,750 -3.4%
Pasadena 8 45 -82.2% $416,000 $325,000 28%
Parole 6 31 -80.6% $412,500 $435,000 -5.2%
Revell Downs 3 2 50% $405,000 $237,500 70.5%
Shady Side 4 12 -66.7% $405,000 $367,500 10.2%
Arden on the Severn 3 3 0% $400,000 $451,000 -11.3%


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