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Monday, December 23, 2024

Severn home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Severn rose by $13,530 while total sales decreased by 36.2%, according to BlockShopper.com.

In January 2018, there were 37 homes sold, with a median sale price of $313,000 - a 4.5% increase over the $299,471 median sale price for the same period of the previous year. There were 58 homes sold in Severn in January 2017.

The following table compares Severn to other Anne Arundel County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Edgewater1018-44.4%$357,000$315,00013.3%
Deale79-22.2%$339,500$330,0002.9%
Arnold2137-43.2%$335,000$307,0009.1%
Galesville110%$330,000$360,000-8.3%
Riverwood10-$322,000$0-
Severn3758-36.2%$313,000$299,470.504.5%
Herald Harbor550%$305,000$339,000-10%
Odenton4966-25.8%$302,000$250,00020.8%
Shady Side1115-26.7%$272,000$260,0004.6%
Crofton3645-20%$269,500$275,000-2%
Maryland City189100%$262,000$254,9002.8%

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