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Thursday, November 14, 2024

Gambrills home prices rise 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 Gambrills rose by $23,250 while total sales increased by 60%, according to BlockShopper.com.

From January through March of 2019, there were eight homes sold, with a median sale price of $480,000 - a 5.1% increase over the $456,750 median sale price for the same period of the previous year. There were five homes sold in Gambrills in the first quarter of 2018.

The following table compares Gambrills 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)
Dulls Corner20-$702,100$0-
Riva910-10%$560,000$381,10046.9%
Carriage Hills10-$525,000$0-
Crownsville660%$515,000$745,000-30.9%
Severna Park907716.9%$487,450$470,0003.7%
Gambrills8560%$480,000$456,7505.1%
Annapolis Neck433910.3%$450,000$455,000-1.1%
Arnold705820.7%$407,450$331,00023.1%
Greenwood Acres21100%$391,250$350,00011.8%
Green Gables21100%$377,000$365,0003.3%
Mayo332722.2%$375,000$360,0004.2%

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