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Thursday, November 14, 2024

Severn home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Severn rose by $6,000 while total sales increased by 34.1%, according to BlockShopper.com.

In July 2018, there were 55 homes sold, with a median sale price of $317,000 - a 1.9% increase over the $311,000 median sale price for the same period of the previous year. There were 41 homes sold in Severn in July 2017.

The following table compares Severn to other Anne Arundel County cities with similar median sales prices in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Herald Harbor23-33.3%$365,000$375,000-2.7%
Briarwood110%$359,900$745,000-51.7%
Arden on the Severn21100%$355,644.50$200,00077.8%
Rock Creek Park20-$340,000$0-
Revell Downs30-$320,000$0-
Severn554134.1%$317,000$311,0001.9%
Riviera Isle21100%$316,900$323,400-2%
Odenton684938.8%$315,000$342,500-8%
Lake Shore433138.7%$315,000$325,000-3.1%
Riva23-33.3%$314,344$422,000-25.5%
Maryland City1920-5%$310,000$317,450-2.3%

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