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Thursday, April 25, 2024

Ferndale home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Ferndale rose by $3,450 while total sales increased by 21.1%, according to BlockShopper.com.

From January through March of 2017, there were 46 homes sold, with a median sale price of $220,950 - a 1.6% increase over the $217,500 median sale price for the same period of the previous year. There were 38 homes sold in Ferndale in the first quarter of 2016.

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

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Pasadena99106-6.6%$255,000$238,5006.9%
Rock Anna20-$252,500$0-
Paradise Beach13-66.7%$250,000$265,000-5.7%
Linthicum402842.9%$247,000$223,49510.5%
Shady Side353016.7%$223,000$180,00023.9%
Ferndale463821.1%$220,950$217,5001.6%
Revell Downs25-60%$217,000$219,000-0.9%
Riviera Beach685230.8%$215,500$196,0009.9%
Rose Haven220%$202,500$315,000-35.7%
Glen Burnie27121526%$190,000$179,9005.6%
Bayside Beach12-50%$180,880$700,000-74.2%

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