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:
City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Greenwood Acres | 1 | 4 | -75% | $485,000 | $323,000 | 50.2% |
Riviera Isle | 1 | 4 | -75% | $475,000 | $190,059.50 | 149.9% |
Severna Park | 132 | 162 | -18.5% | $465,750 | $455,000 | 2.4% |
Tanager Forest | 2 | 0 | - | $464,000 | $0 | - |
Mayo | 35 | 29 | 20.7% | $420,000 | $349,900 | 20% |
Gambrills | 5 | 9 | -44.4% | $415,000 | $451,000 | -8% |
Woods Landing | 4 | 1 | 300% | $402,500 | $355,000 | 13.4% |
Annapolis Neck | 58 | 69 | -15.9% | $387,750 | $410,000 | -5.4% |
Riverwood | 2 | 4 | -50% | $385,000 | $356,500 | 8% |
Arden on the Severn | 7 | 6 | 16.7% | $380,000 | $278,045 | 36.7% |
Cape St. Claire | 31 | 39 | -20.5% | $375,000 | $349,900 | 7.2% |