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Saturday, November 16, 2024

Arden on the Severn home prices rise in October 2018

Realestate077

The median sale price of a home sold in October 2018 in Arden on the Severn rose by $83,900 while total sales increased by 33.3%, according to BlockShopper.com.

In October 2018, there were four homes sold, with a median sale price of $388,900 - a 27.5% increase over the $305,000 median sale price for the same period of the previous year. There were three homes sold in Arden on the Severn in October 2017.

The following table compares Arden on the Severn to other Anne Arundel County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Severna Park3352-36.5%$490,000$477,5002.6%
Gambrills220%$441,500$420,0005.1%
Lake Shore2232-31.3%$405,000$301,86034.2%
Annapolis Neck2022-9.1%$404,750$342,06118.3%
Cape St. Claire15887.5%$390,000$417,500-6.6%
Arden on the Severn4333.3%$388,900$305,00027.5%
Annapolis55525.8%$375,000$362,5003.4%
Herald Harbor73133.3%$375,000$333,00012.6%
Mayo1314-7.1%$362,500$422,500-14.2%
Riva330%$360,000$220,00063.6%
Arnold2937-21.6%$359,900$325,00010.7%

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