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Monday, December 23, 2024

Edgewater 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 Edgewater fell by $63,000 while total sales increased by 2.6%, according to BlockShopper.com.

From January through March of 2019, there were 39 homes sold, with a median sale price of $284,500 - a 18.1% decrease over the $347,500 median sale price for the same period of the previous year. There were 38 homes sold in Edgewater in the first quarter of 2018.

The following table compares Edgewater 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)
Severn14110238.2%$320,000$311,5002.7%
Whispering Woods21100%$308,250$465,000-33.7%
Odenton16113618.4%$305,000$288,0755.9%
Deale18180%$300,300$310,000-3.1%
Maryland City3945-13.3%$292,500$315,000-7.1%
Edgewater39382.6%$284,500$347,500-18.1%
Herald Harbor141127.3%$282,450$315,000-10.3%
Belhaven Beach21100%$281,650.50$394,000-28.5%
Revell Downs11757.1%$277,000$219,00026.5%
Crofton8994-5.3%$270,000$276,000-2.2%
Pasadena99122-18.9%$260,000$251,5003.4%

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