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Monday, December 23, 2024

Annapolis 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 Annapolis fell by $33,330 while total sales decreased by 0.9%, according to BlockShopper.com.

From January through March of 2019, there were 110 homes sold, with a median sale price of $352,500 - a 8.6% decrease over the $385,830 median sale price for the same period of the previous year. There were 111 homes sold in Annapolis in the first quarter of 2018.

The following table compares Annapolis 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)
Greenwood Acres21100%$391,250$350,00011.8%
Green Gables21100%$377,000$365,0003.3%
Mayo332722.2%$375,000$360,0004.2%
Briarwood13-66.7%$370,000$350,0005.7%
Paradise Beach10-$370,000$0-
Annapolis110111-0.9%$352,500$385,830-8.6%
North River Forest220%$351,900$359,000-2%
Patuxent Manor31200%$351,000$390,000-10%
Cape St. Claire312714.8%$349,900$362,000-3.3%
Woods Landing3250%$345,000$375,000-8%
Parole5762-8.1%$345,000$377,750-8.7%

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