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Anne Arundel Today

Friday, November 15, 2024

Severna Park home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Severna Park rose by $17,500 while total sales remained unchanged with 49 homes sold, according to BlockShopper.com.

In May 2018, there were 49 homes sold, with a median sale price of $507,500 - a 3.6% increase over the $490,000 median sale price for the same period of the previous year. There were 49 homes sold in Severna Park in May 2017, as well.

The following table compares Severna Park 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)
Little John10-$795,000$0-
Amberly10-$615,000$0-
Annapolis Neck1523-34.8%$575,000$525,0009.5%
Briarwood20-$552,000$0-
Riva38-62.5%$535,000$515,0003.9%
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%

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