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Friday, November 15, 2024

Arden on the Severn home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Arden on the Severn rose by $102,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In May 2018, there were two homes sold, with a median sale price of $387,000 - a 35.8% increase over the $285,000 median sale price for the same period of the previous year. There were three homes sold in Arden on the Severn in May 2017.

The following table compares Arden on the Severn 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)
Severna Park49490%$507,500$490,0003.6%
Galesville10-$415,000$0-
Parole413228.1%$410,000$390,0005.1%
Patuxent Manor20-$395,000$0-
Woods Landing10-$395,000$0-
Arden on the Severn23-33.3%$387,000$285,00035.8%
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-

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