The median sale price of a home sold in March 2017 in Severn rose by $40,000 while total sales decreased by 32.8%, according to BlockShopper.com.
In March 2017, there were 39 homes sold, with a median sale price of $297,000 – a 15.6% increase over the $257,000 median sale price for the same period of the previous year. There were 58 homes sold in Severn in March 2016.
The following table compares Severn to other Anne Arundel County cities with similar median sales prices in March 2017:
| City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North River Forest | 2 | 1 | 100% | $323,000 | $229,000 | 41% |
| Jessup | 4 | 4 | 0% | $322,150 | $228,500 | 41% |
| Gambrills | 4 | 3 | 33.3% | $310,000 | $259,000 | 19.7% |
| Lake Shore | 26 | 25 | 4% | $307,932.50 | $274,900 | 12% |
| Briarwood | 1 | 0 | – | $305,000 | $0 | – |
| Severn | 39 | 58 | -32.8% | $297,000 | $257,000 | 15.6% |
| Odenton | 69 | 57 | 21.1% | $285,000 | $270,000 | 5.6% |
| Arnold | 41 | 39 | 5.1% | $284,000 | $340,000 | -16.5% |
| Deale | 11 | 7 | 57.1% | $280,000 | $212,500 | 31.8% |
| Herald Harbor | 5 | 2 | 150% | $277,500 | $299,000 | -7.2% |
| Pasadena | 40 | 36 | 11.1% | $263,750 | $236,000 | 11.8% |
