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Thursday, November 14, 2024

Lake Shore home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Lake Shore fell by $10,000 while total sales increased by 38.7%, according to BlockShopper.com.

In July 2018, there were 43 homes sold, with a median sale price of $315,000 - a 3.1% decrease over the $325,000 median sale price for the same period of the previous year. There were 31 homes sold in Lake Shore in July 2017.

The following table compares Lake Shore 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)
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%
Pasadena4445-2.2%$303,500$269,90012.4%
Deale11757.1%$300,000$265,00013.2%
Linthicum14137.7%$287,500$315,000-8.7%

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