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Friday, April 4, 2025

Severn home prices rise in January 2017

Realestate5

The median sale price of a home sold in January 2017 in Severn rose by $42,471 while total sales increased by 114.8%, according to BlockShopper.com.

In January 2017, there were 58 homes sold, with a median sale price of $299,471 - a 16.5% increase over the $257,000 median sale price for the same period of the previous year. There were 27 homes sold in Severn in January 2016.

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

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Edgewater189100%$315,000$269,00017.1%
Arnold3717117.6%$307,000$299,0002.7%
Whispering Woods10-$305,000$0-
Lake Shore289211.1%$300,950$219,00037.4%
Arden on the Severn330%$300,000$335,000-10.4%
Severn5827114.8%$299,470.50$257,00016.5%
Mayo7616.7%$275,000$357,368.50-23%
Crofton4516181.3%$275,000$258,7506.3%
Shady Side15887.5%$260,000$215,75020.5%
North River Forest110%$260,000$224,90015.6%
Patuxent Manor12-50%$255,000$359,250-29%

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