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Anne Arundel Today

Friday, November 15, 2024

Annapolis home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Annapolis rose by $31,250 while total sales decreased by 13.9%, according to BlockShopper.com.

In May 2018, there were 62 homes sold, with a median sale price of $366,250 - a 9.3% increase over the $335,000 median sale price for the same period of the previous year. There were 72 homes sold in Annapolis in May 2017.

The following table compares Annapolis 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)
Cape St. Claire918-50%$386,000$364,4755.9%
Arnold524418.2%$382,500$273,45039.9%
Gambrills330%$381,900$317,00020.5%
Mayo1623-30.4%$373,500$482,000-22.5%
Paradise Beach10-$368,000$0-
Annapolis6272-13.9%$366,250$335,0009.3%
Riverwood110%$360,000$250,00044%
Edgewater1925-24%$359,900$305,00018%
North River Forest21100%$351,750$270,00030.3%
Crofton4649-6.1%$322,050$344,900-6.6%
Severn4955-10.9%$316,200$345,000-8.3%

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