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Saturday, July 5, 2025

Gambrills home prices fall in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Gambrills fell by $36,000 while total sales decreased by 44.4%, according to BlockShopper.com.

From October through December of 2017, there were five homes sold, with a median sale price of $415,000 - a 8% decrease over the $451,000 median sale price for the same period of the previous year. There were nine homes sold in Gambrills in the fourth quarter of 2016.

The following table compares Gambrills to other Anne Arundel County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Greenwood Acres14-75%$485,000$323,00050.2%
Riviera Isle14-75%$475,000$190,059.50149.9%
Severna Park132162-18.5%$465,750$455,0002.4%
Tanager Forest20-$464,000$0-
Mayo352920.7%$420,000$349,90020%
Gambrills59-44.4%$415,000$451,000-8%
Woods Landing41300%$402,500$355,00013.4%
Annapolis Neck5869-15.9%$387,750$410,000-5.4%
Riverwood24-50%$385,000$356,5008%
Arden on the Severn7616.7%$380,000$278,04536.7%
Cape St. Claire3139-20.5%$375,000$349,9007.2%

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