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Friday, April 19, 2024

Arden on the Severn home prices fall in May 2017

Realestate5

The median sale price of a home sold in May 2017 in Arden on the Severn fell by $214,900 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In May 2017, there were three homes sold, with a median sale price of $285,000 - a 43% decrease over the $499,900 median sale price for the same period of the previous year. There were three homes sold in Arden on the Severn in May 2016, as well.

The following table compares Arden on the Severn to other Anne Arundel County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Herald Harbor81700%$332,450$365,000-8.9%
Gambrills31200%$317,000$708,000-55.2%
Odenton735630.4%$305,000$280,0008.9%
Edgewater252119%$305,000$335,000-9%
Lake Shore2535-28.6%$288,000$289,000-0.3%
Arden on the Severn330%$285,000$499,900-43%
Belhaven Beach20-$281,024.50$0-
Rock Creek Park10-$275,000$0-
Arnold4453-17%$273,450$377,000-27.5%
North River Forest12-50%$270,000$241,70011.7%
Maryland City199111.1%$267,500$257,3693.9%

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