Rising home prices in Severna Park in the fourth quarter of 2021

Rising home prices in Severna Park in the fourth quarter of 2021
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The median sale price of a home sold in the fourth quarter of 2021 in Severna Park rose by $6,100 while total sales decreased by 48.5%, according to BlockShopper.com.

From October through December of 2021, there were 85 homes sold, with a median sale price of $571,000 – a 1.1% increase over the $564,900 median sale price for the same period of the previous year. There were 165 homes sold in Severna Park in the fourth quarter of 2020.

The following table compares Severna Park 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)
Belhaven Beach 2 2 0% $866,950 $575,000 50.8%
Galesville 1 2 -50% $725,000 $547,450 32.4%
Mayo 14 44 -68.2% $657,500 $457,500 43.7%
Rock Anna 1 1 0% $625,000 $260,000 140.4%
Annapolis 61 187 -67.4% $580,000 $450,000 28.9%
Severna Park 85 165 -48.5% $571,000 $564,900 1.1%
Gambrills 5 8 -37.5% $565,000 $407,500 38.7%
Annapolis Neck 31 91 -65.9% $556,000 $550,000 1.1%
Greenwood Acres 1 1 0% $555,900 $350,000 58.8%
Riva 8 21 -61.9% $525,000 $498,000 5.4%
Deale 8 27 -70.4% $472,500 $435,000 8.6%


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