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:
City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Severna Park | 49 | 49 | 0% | $507,500 | $490,000 | 3.6% |
Galesville | 1 | 0 | - | $415,000 | $0 | - |
Parole | 41 | 32 | 28.1% | $410,000 | $390,000 | 5.1% |
Patuxent Manor | 2 | 0 | - | $395,000 | $0 | - |
Woods Landing | 1 | 0 | - | $395,000 | $0 | - |
Arden on the Severn | 2 | 3 | -33.3% | $387,000 | $285,000 | 35.8% |
Cape St. Claire | 9 | 18 | -50% | $386,000 | $364,475 | 5.9% |
Arnold | 52 | 44 | 18.2% | $382,500 | $273,450 | 39.9% |
Gambrills | 3 | 3 | 0% | $381,900 | $317,000 | 20.5% |
Mayo | 16 | 23 | -30.4% | $373,500 | $482,000 | -22.5% |
Paradise Beach | 1 | 0 | - | $368,000 | $0 | - |