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Monday, December 23, 2024

Severna Park home prices rise in the first quarter of 2019

Realestate077

The median sale price of a home sold in the first quarter of 2019 in Severna Park rose by $17,450 while total sales increased by 16.9%, according to BlockShopper.com.

From January through March of 2019, there were 90 homes sold, with a median sale price of $487,450 - a 3.7% increase over the $470,000 median sale price for the same period of the previous year. There were 77 homes sold in Severna Park in the first quarter of 2018.

The following table compares Severna Park 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)
Round View20-$712,400$0-
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%

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