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Anne Arundel Today

Wednesday, November 27, 2024

Venice on the Bay home prices fall in the fourth quarter of 2018

Realestate2

The median sale price of a home sold in the fourth quarter of 2018 in Venice on the Bay fell by $25,451 while total sales increased by 33.3%, according to BlockShopper.com.

From October through December of 2018, there were four homes sold, with a median sale price of $248,050 - a 9.3% decrease over the $273,500 median sale price for the same period of the previous year. There were three homes sold in Venice on the Bay in the fourth quarter of 2017.

The following table compares Venice on the Bay to other Anne Arundel County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Rock Creek Park10-$279,000$0-
Linthicum3340-17.5%$275,000$275,0000%
Pasadena120124-3.2%$270,000$268,5000.6%
Riviera Isle21100%$265,500$475,000-44.1%
Riviera Beach67644.7%$256,000$245,5004.3%
Venice on the Bay4333.3%$248,049.50$273,500-9.3%
Bayside Beach3250%$239,000$305,000-21.6%
Ferndale3861-37.7%$235,000$212,00010.8%
Galesville110%$232,500$300,000-22.5%
Glen Burnie2432267.5%$230,000$225,0002.2%
Revell Downs57-28.6%$207,408$250,000-17%

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