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Thursday, November 14, 2024

Severna Park home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Severna Park fell by $26,500 while total sales increased by 29.4%, according to BlockShopper.com.

In July 2018, there were 66 homes sold, with a median sale price of $513,500 - a 4.9% decrease over the $540,000 median sale price for the same period of the previous year. There were 51 homes sold in Severna Park in July 2017.

The following table compares Severna Park 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)
Amberly110%$1,260,000$730,00072.6%
Galesville10-$1,150,000$0-
Little John10-$775,000$0-
Gambrills14-75%$560,000$308,75081.4%
Severna Park665129.4%$513,500$540,000-4.9%
Annapolis Neck322623.1%$485,950$580,000-16.2%
Mayo251747.1%$448,500$397,50012.8%
Jessup110%$441,500$450,000-1.9%
Greenwood Acres30-$425,000$0-
Patuxent Manor20-$412,500$0-
Edgewater17166.3%$399,000$340,00017.4%

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