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Monday, December 23, 2024

Severn home prices rise in March 2019

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The median sale price of a home sold in March 2019 in Severn rose by $6,000 while total sales increased by 62.9%, according to BlockShopper.com.

In March 2019, there were 57 homes sold, with a median sale price of $325,000 - a 1.9% increase over the $319,000 median sale price for the same period of the previous year. There were 35 homes sold in Severn in March 2018.

The following table compares Severn to other Anne Arundel County cities with similar median sales prices in March 2019:

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Woods Landing10-$360,000$0-
Mayo1314-7.1%$355,000$334,2006.2%
Annapolis393221.9%$350,000$377,915-7.4%
Parole2327-14.8%$335,555$385,000-12.8%
Lake Shore292516%$332,000$264,00025.8%
Severn573562.9%$325,000$319,0001.9%
Odenton715626.8%$315,000$305,0003.3%
Revell Downs5425%$310,000$238,00030.3%
Shady Side1012-16.7%$298,000$304,950-2.3%
Arden on the Severn4333.3%$293,350$330,000-11.1%
Edgewater1619-15.8%$291,750$340,000-14.2%

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