Parole home prices rise in the first quarter of 2017

Parole home prices rise in the first quarter of 2017
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The median sale price of a home sold in the first quarter of 2017 in Parole rose by $44,000 while total sales increased by 9.1%, according to BlockShopper.com.

From January through March of 2017, there were 72 homes sold, with a median sale price of $376,500 – a 13.2% increase over the $332,500 median sale price for the same period of the previous year. There were 66 homes sold in Parole in the first quarter of 2016.

The following table compares Parole 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)
Annapolis Neck 61 40 52.5% $494,999 $390,750 26.7%
Amberly 2 0 $457,712 $0
Severna Park 99 100 -1% $448,950 $424,950 5.6%
Riva 19 12 58.3% $439,000 $418,500 4.9%
Mayo 21 33 -36.4% $394,000 $330,000 19.4%
Parole 72 66 9.1% $376,500 $332,500 13.2%
Greenwood Acres 2 5 -60% $374,750 $321,000 16.7%
Woods Landing 1 3 -66.7% $365,000 $349,900 4.3%
Galesville 1 4 -75% $360,000 $621,500 -42.1%
Briarwood 3 1 200% $355,000 $280,000 26.8%
Belhaven Beach 4 0 $352,000 $0


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