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Thursday, November 14, 2024

Severn home prices rise in February 2019

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The median sale price of a home sold in February 2019 in Severn rose by $8,500 while total sales increased by 36.7%, according to BlockShopper.com.

In February 2019, there were 41 homes sold, with a median sale price of $310,000 - a 2.8% increase over the $301,500 median sale price for the same period of the previous year. There were 30 homes sold in Severn in February 2018.

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

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Shady Side78-12.5%$340,000$218,00056%
Greenwood Acres10-$333,500$0-
Revell Downs31200%$330,000$194,60069.6%
Annapolis3536-2.8%$325,000$329,500-1.4%
Lake Shore13130%$324,900$268,00021.2%
Severn413036.7%$310,000$301,5002.8%
Whispering Woods20-$308,250$0-
Deale8633.3%$305,800$310,000-1.4%
Edgewater990%$305,000$340,000-10.3%
Herald Harbor440%$297,310$327,450-9.2%
Maryland City12850%$296,250$297,500-0.4%

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