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Friday, November 15, 2024

Lake Shore home prices fall in November 2018

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The median sale price of a home sold in November 2018 in Lake Shore fell by $35,000 while total sales increased by 17.4%, according to BlockShopper.com.

In November 2018, there were 27 homes sold, with a median sale price of $320,000 - a 9.9% decrease over the $355,000 median sale price for the same period of the previous year. There were 23 homes sold in Lake Shore in November 2017.

The following table compares Lake Shore to other Anne Arundel County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Severn4451-13.7%$338,730$314,9007.6%
Jessup10-$335,000$0-
Maryland City714-50%$330,000$267,00023.6%
Edgewater1325-48%$330,000$299,90010%
Annapolis2558-56.9%$330,000$367,450-10.2%
Lake Shore272317.4%$320,000$355,000-9.9%
Patuxent Manor10-$315,000$0-
Herald Harbor6520%$312,500$190,00064.5%
Revell Downs23-33.3%$301,204$250,00020.5%
Odenton3553-34%$295,000$289,0002.1%
Pasadena443622.2%$293,500$270,7508.4%

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