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Sunday, November 17, 2024

Galesville home prices fall 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 Galesville fell by $305,000 while total sales decreased by 50%, according to BlockShopper.com.

From July through September of 2018, there were two homes sold, with a median sale price of $720,000 - a 29.8% decrease over the $1,025,000 median sale price for the same period of the previous year. There were four homes sold in Galesville in the third quarter of 2017.

The following table compares Galesville 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)
Amberly220%$975,000$720,00035.4%
Little John10-$775,000$0-
Crownsville34-25%$725,000$998,750-27.4%
Galesville24-50%$720,000$1,025,000-29.8%
Carriage Hills10-$610,000$0-
Briarwood24-50%$514,950$480,0007.3%
Severna Park17615116.6%$509,950$515,000-1%
Annapolis Neck74714.2%$504,700$510,000-1%
Riva1013-23.1%$490,500$540,000-9.2%
Mayo46429.5%$432,500$370,00016.9%
Jessup24-50%$428,250$347,45023.3%

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