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Anne Arundel Today

Friday, November 15, 2024

Lake Shore home prices fall in May 2018

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The median sale price of a home sold in May 2018 in Lake Shore fell by $6,500 while total sales increased by 48%, according to BlockShopper.com.

In May 2018, there were 37 homes sold, with a median sale price of $281,500 - a 2.3% decrease over the $288,000 median sale price for the same period of the previous year. There were 25 homes sold in Lake Shore in May 2017.

The following table compares Lake Shore to other Anne Arundel County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Odenton6073-17.8%$313,950$305,0002.9%
Maryland City1719-10.5%$305,000$267,50014%
Herald Harbor48-50%$302,500$332,450-9%
Revell Downs81700%$286,250$350,000-18.2%
Pasadena4448-8.3%$282,000$258,2509.2%
Lake Shore372548%$281,500$288,000-2.3%
Deale171241.7%$280,000$372,450-24.8%
Venice on the Bay31200%$262,000$118,125121.8%
Riviera Beach2137-43.2%$260,000$233,00011.6%
Linthicum181520%$250,000$233,0007.3%
Shady Side1213-7.7%$249,500$263,680-5.4%

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