Lake Shore home prices fall in April 2017

Lake Shore home prices fall in April 2017
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The median sale price of a home sold in April 2017 in Lake Shore fell by $18,500 while total sales increased by 18.2%, according to BlockShopper.com.

In April 2017, there were 39 homes sold, with a median sale price of $260,500 – a 6.6% decrease over the $279,000 median sale price for the same period of the previous year. There were 33 homes sold in Lake Shore in April 2016.

The following table compares Lake Shore to other Anne Arundel County cities with similar median sales prices in April 2017:

City Apr. 2017 Home Sales Apr. 2016 Home Sales % change (Total Home Sales) Apr. 2017 Median Sales Price Apr. 2016 Median Sales Price % change (Median Sales Price)
Edgewater 13 22 -40.9% $308,000 $293,000 5.1%
Annapolis 41 61 -32.8% $305,000 $420,000 -27.4%
Severn 48 62 -22.6% $291,500 $325,000 -10.3%
Crownsville 2 0 $280,750 $0
Odenton 54 68 -20.6% $267,500 $272,500 -1.8%
Lake Shore 39 33 18.2% $260,500 $279,000 -6.6%
Revell Downs 2 2 0% $259,500 $231,000 12.3%
Deale 12 9 33.3% $255,000 $275,625 -7.5%
Pasadena 43 42 2.4% $252,000 $259,810 -3%
Maryland City 16 23 -30.4% $251,000 $240,000 4.6%
Riviera Isle 2 1 100% $247,000 $270,000 -8.5%


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