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Sunday, November 17, 2024

Venice on the Bay home prices rise in the third quarter of 2018

Re 11

The median sale price of a home sold in the third quarter of 2018 in Venice on the Bay rose by $119,000 while total sales increased by 33.3%, according to BlockShopper.com.

From July through September of 2018, there were four homes sold, with a median sale price of $319,000 - a 59.5% increase over the $200,000 median sale price for the same period of the previous year. There were three homes sold in Venice on the Bay in the third quarter of 2017.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Arnold109125-12.8%$345,500$342,0001%
Rose Haven220%$340,000$270,00025.9%
Riverwood10-$335,000$0-
Severn151153-1.3%$325,900$315,0003.5%
Maryland City5772-20.8%$320,000$292,2509.5%
Venice on the Bay4333.3%$319,000$200,00059.5%
Odenton1881851.6%$310,000$299,9003.4%
Deale322245.5%$310,000$282,5009.7%
Crofton126166-24.1%$306,500$303,5501%
Lake Shore1049114.3%$297,499.50$320,000-7%
Pasadena121142-14.8%$290,000$266,0009%

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