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Sunday, November 17, 2024

Edgewater 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 Edgewater rose by $30,000 while total sales decreased by 19.3%, according to BlockShopper.com.

From July through September of 2018, there were 46 homes sold, with a median sale price of $355,000 - a 9.2% increase over the $325,000 median sale price for the same period of the previous year. There were 57 homes sold in Edgewater in the third quarter of 2017.

The following table compares Edgewater 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)
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%
Arnold109125-12.8%$345,500$342,0001%
Rose Haven220%$340,000$270,00025.9%

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