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Saturday, November 16, 2024

Gambrills home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Gambrills rose by $21,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In October 2018, there were two homes sold, with a median sale price of $441,500 - a 5.1% increase over the $420,000 median sale price for the same period of the previous year. There were two homes sold in Gambrills in October 2017, as well.

The following table compares Gambrills 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)
Crownsville30-$686,500$0-
Dulls Corner10-$550,000$0-
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%

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