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Saturday, November 16, 2024

Severn home prices fall in October 2018

Re 12

The median sale price of a home sold in October 2018 in Severn fell by $14,000 while total sales increased by 21.6%, according to BlockShopper.com.

In October 2018, there were 62 homes sold, with a median sale price of $321,000 - a 4.2% decrease over the $335,000 median sale price for the same period of the previous year. There were 51 homes sold in Severn in October 2017.

The following table compares 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)
Riva330%$360,000$220,00063.6%
Arnold2937-21.6%$359,900$325,00010.7%
Green Gables12-50%$355,000$590,000-39.8%
Parole2235-37.1%$351,000$419,900-16.4%
Deale13944.4%$339,900$345,000-1.5%
Severn625121.6%$321,000$335,000-4.2%
Patuxent Manor10-$318,000$0-
Shady Side1114-21.4%$316,000$273,00015.8%
Odenton695721.1%$312,800$285,7709.5%
Edgewater1524-37.5%$310,000$292,5006%
Maryland City23224.5%$306,000$295,5003.6%

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