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Monday, December 23, 2024

Jessup home prices fall in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Jessup fell by $134,900 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From January through March of 2019, there were three homes sold, with a median sale price of $225,000 - a 37.5% decrease over the $359,900 median sale price for the same period of the previous year. There were three homes sold in Jessup in the first quarter of 2018, as well.

The following table compares Jessup to other Anne Arundel County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Pasadena99122-18.9%$260,000$251,5003.4%
Rock Anna220%$257,500$480,000-46.4%
Linthicum392369.6%$250,000$240,0004.2%
Riviera Isle3250%$249,000$363,500-31.5%
Riviera Beach5358-8.6%$238,000$230,2503.4%
Jessup330%$225,000$359,900-37.5%
Glen Burnie22720212.4%$215,000$220,250-2.4%
Ferndale433813.2%$210,000$203,1503.4%
Rock Creek Park110%$210,000$425,000-50.6%
Rose Haven110%$181,000$340,000-46.8%
Venice on the Bay20-$172,500$0-

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