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Thursday, November 14, 2024

Severna Park home prices fall in May 2019

Realestate5

The median sale price of a home sold in May 2019 in Severna Park fell by $10,050 while total sales increased by 2%, according to BlockShopper.com.

In May 2019, there were 50 homes sold, with a median sale price of $497,450 - a 2% decrease over the $507,500 median sale price for the same period of the previous year. There were 49 homes sold in Severna Park in May 2018.

The following table compares Severna Park to other Anne Arundel County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Crownsville31200%$885,000$800,00010.6%
Briarwood12-50%$632,000$552,00014.5%
Severna Park50492%$497,450$507,500-2%
Annapolis Neck181520%$489,999.50$575,000-14.8%
Mayo1516-6.3%$488,000$373,50030.7%
Tanager Forest10-$475,000$0-
Gambrills330%$470,000$381,90023.1%
Riva63100%$442,800$535,000-17.2%
Rock Anna12-50%$420,000$247,70069.6%
Belhaven Beach110%$415,000$875,000-52.6%
Cape St. Claire79-22.2%$405,000$386,0004.9%

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