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Friday, November 15, 2024

Severn home prices rise in November 2018

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The median sale price of a home sold in November 2018 in Severn rose by $23,830 while total sales decreased by 13.7%, according to BlockShopper.com.

In November 2018, there were 44 homes sold, with a median sale price of $338,730 - a 7.6% increase over the $314,900 median sale price for the same period of the previous year. There were 51 homes sold in Severn in November 2017.

The following table compares Severn 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)
Cape St. Claire814-42.9%$364,750$375,000-2.7%
Crownsville220%$357,000$922,500-61.3%
Shady Side511-54.5%$349,990$333,0005.1%
Parole2426-7.7%$343,500$337,5001.8%
Deale7616.7%$342,500$301,75013.5%
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%

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