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Anne Arundel Today

Friday, April 26, 2024

Annapolis home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Annapolis rose by $27,500 while total sales increased by 44%, according to BlockShopper.com.

In May 2017, there were 72 homes sold, with a median sale price of $335,000 - a 8.9% increase over the $307,500 median sale price for the same period of the previous year. There were 50 homes sold in Annapolis in May 2016.

The following table compares Annapolis 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)
Cape St. Claire18180%$364,475$360,0001.2%
Revell Downs110%$350,000$162,499115.4%
Severn5562-11.3%$345,000$284,039.5021.5%
Crofton49466.5%$344,900$368,250-6.3%
Greenwood Acres34-25%$339,000$402,500-15.8%
Annapolis725044%$335,000$307,5008.9%
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%

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