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:
City | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Severna Park | 33 | 52 | -36.5% | $490,000 | $477,500 | 2.6% |
Gambrills | 2 | 2 | 0% | $441,500 | $420,000 | 5.1% |
Lake Shore | 22 | 32 | -31.3% | $405,000 | $301,860 | 34.2% |
Annapolis Neck | 20 | 22 | -9.1% | $404,750 | $342,061 | 18.3% |
Cape St. Claire | 15 | 8 | 87.5% | $390,000 | $417,500 | -6.6% |
Arden on the Severn | 4 | 3 | 33.3% | $388,900 | $305,000 | 27.5% |
Annapolis | 55 | 52 | 5.8% | $375,000 | $362,500 | 3.4% |
Herald Harbor | 7 | 3 | 133.3% | $375,000 | $333,000 | 12.6% |
Mayo | 13 | 14 | -7.1% | $362,500 | $422,500 | -14.2% |
Riva | 3 | 3 | 0% | $360,000 | $220,000 | 63.6% |
Arnold | 29 | 37 | -21.6% | $359,900 | $325,000 | 10.7% |