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Sunday, November 17, 2024

Annapolis home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Annapolis rose by $13,500 while total sales decreased by 25%, according to BlockShopper.com.

From July through September of 2018, there were 150 homes sold, with a median sale price of $373,500 - a 3.8% increase over the $360,000 median sale price for the same period of the previous year. There were 200 homes sold in Annapolis in the third quarter of 2017.

The following table compares Annapolis 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)
Patuxent Manor62200%$412,500$285,45044.5%
Rock Creek Park330%$410,000$270,00051.9%
Gambrills810-20%$401,750$430,000-6.6%
Herald Harbor912-25%$386,000$325,20018.7%
Cape St. Claire5152-1.9%$385,000$354,2508.7%
Annapolis150200-25%$373,500$360,0003.8%
Arden on the Severn9650%$368,000$283,50029.8%
Edgewater4657-19.3%$355,000$325,0009.2%
Parole8699-13.1%$352,900$407,000-13.3%
Friendship13-66.7%$349,900$345,0001.4%
Riviera Isle31200%$349,900$323,4008.2%

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