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Saturday, April 20, 2024

Annapolis home prices rise in March 2017

Realestate4

The median sale price of a home sold in March 2017 in Annapolis rose by $28,000 while total sales decreased by 9.4%, according to BlockShopper.com.

In March 2017, there were 48 homes sold, with a median sale price of $332,500 - a 9.2% increase over the $304,500 median sale price for the same period of the previous year. There were 53 homes sold in Annapolis in March 2016.

The following table compares Annapolis to other Anne Arundel County cities with similar median sales prices in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Mayo512-58.3%$385,000$393,100-2.1%
Riva9580%$380,000$426,000-10.8%
Parole3031-3.2%$379,000$330,00014.8%
Cape St. Claire1113-15.4%$365,000$310,00017.7%
Edgewater1820-10%$347,000$322,164.507.7%
Annapolis4853-9.4%$332,500$304,5009.2%
Patuxent Manor12-50%$330,000$305,937.507.9%
North River Forest21100%$323,000$229,00041%
Jessup440%$322,150$228,50041%
Gambrills4333.3%$310,000$259,00019.7%
Lake Shore26254%$307,932.50$274,90012%

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