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Saturday, November 16, 2024

Lake Shore home prices rise in October 2018

Realestate1

The median sale price of a home sold in October 2018 in Lake Shore rose by $103,140 while total sales decreased by 31.3%, according to BlockShopper.com.

In October 2018, there were 22 homes sold, with a median sale price of $405,000 - a 34.2% increase over the $301,860 median sale price for the same period of the previous year. There were 32 homes sold in Lake Shore in October 2017.

The following table compares Lake Shore 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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