The median sale price of a home sold in the first quarter of 2017 in Patuxent Manor fell by $62,500 while total sales decreased by 60%, according to BlockShopper.com.
From January through March of 2017, there were two homes sold, with a median sale price of $292,500 – a 17.6% decrease over the $355,000 median sale price for the same period of the previous year. There were five homes sold in Patuxent Manor in the first quarter of 2016.
The following table compares Patuxent Manor 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) |
|---|---|---|---|---|---|---|
| Edgewater | 49 | 45 | 8.9% | $315,000 | $312,000 | 1% |
| Annapolis | 137 | 127 | 7.9% | $309,000 | $304,500 | 1.5% |
| Arnold | 97 | 80 | 21.3% | $300,000 | $295,750 | 1.4% |
| Arden on the Severn | 5 | 10 | -50% | $300,000 | $235,000 | 27.7% |
| Severn | 124 | 135 | -8.1% | $297,270 | $257,500 | 15.4% |
| Patuxent Manor | 2 | 5 | -60% | $292,500 | $355,000 | -17.6% |
| Deale | 27 | 17 | 58.8% | $290,000 | $287,000 | 1% |
| Whispering Woods | 2 | 0 | – | $289,544.50 | $0 | – |
| Rock Creek Park | 3 | 0 | – | $284,900 | $0 | – |
| Riverwood | 1 | 0 | – | $283,500 | $0 | – |
| Lake Shore | 74 | 65 | 13.8% | $283,175 | $274,900 | 3% |
