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Saturday, April 19, 2025

Greenwood Acres home prices fall in the second quarter of 2017

Realestate3

The median sale price of a home sold in the second quarter of 2017 in Greenwood Acres fell by $77,000 while total sales decreased by 33.3%, according to BlockShopper.com.

From April through June of 2017, there were four homes sold, with a median sale price of $313,000 - a 19.7% decrease over the $390,000 median sale price for the same period of the previous year. There were six homes sold in Greenwood Acres in the second quarter of 2016.

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

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Herald Harbor219133.3%$350,000$365,000-4.1%
Crofton149167-10.8%$347,000$333,5004%
Annapolis2101995.5%$340,000$349,000-2.6%
Edgewater73730%$334,900$327,4502.3%
Arnold145154-5.8%$332,000$350,000-5.1%
Greenwood Acres46-33.3%$313,000$390,000-19.7%
Severn172202-14.9%$312,500$300,0004.2%
Odenton228229-0.4%$305,000$272,00012.1%
Arden on the Severn912-25%$300,000$388,500-22.8%
Maryland City665911.9%$279,200$265,0005.4%
Rock Creek Park110%$275,000$280,000-1.8%

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