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Thursday, November 14, 2024

Severn home prices rise in January 2019

Re 12

The median sale price of a home sold in January 2019 in Severn rose by $5,000 while total sales increased by 16.2%, according to BlockShopper.com.

In January 2019, there were 43 homes sold, with a median sale price of $318,000 - a 1.6% increase over the $313,000 median sale price for the same period of the previous year. There were 37 homes sold in Severn in January 2018.

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

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Deale47-42.9%$357,950$339,5005.4%
Parole2024-16.7%$357,499.50$385,000-7.1%
Shady Side11110%$356,000$272,00030.9%
Patuxent Manor30-$351,000$0-
Lake Shore1425-44%$321,000$250,00028.4%
Severn433716.2%$318,000$313,0001.6%
Maryland City1018-44.4%$312,500$262,00019.3%
Odenton4649-6.1%$305,000$302,0001%
Linthicum8560%$298,750$240,00024.5%
Cape St. Claire810-20%$296,500$359,000-17.4%
Crofton37362.8%$285,000$269,5005.8%

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