From January through March of 2017, there were 124 homes sold, with a median sale price of $297,270 - a 15.4% increase over the $257,500 median sale price for the same period of the previous year. There were 135 homes sold in Severn in the first quarter of 2016.
The following table compares Severn to other Anne Arundel County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Herald Harbor | 13 | 9 | 44.4% | $315,000 | $285,000 | 10.5% |
| Edgewater | 49 | 45 | 8.9% | $315,000 | $312,000 | 1% |
| Annapolis | 137 | 127 | 7.9% | $309,000 | $304,500 | 1.5% |
| Arnold | 97 | 80 | 21.3% | $300,000 | $295,750 | 1.4% |
| Arden on the Severn | 5 | 10 | -50% | $300,000 | $235,000 | 27.7% |
| Severn | 124 | 135 | -8.1% | $297,270 | $257,500 | 15.4% |
| Patuxent Manor | 2 | 5 | -60% | $292,500 | $355,000 | -17.6% |
| Deale | 27 | 17 | 58.8% | $290,000 | $287,000 | 1% |
| Whispering Woods | 2 | 0 | - | $289,544.50 | $0 | - |
| Rock Creek Park | 3 | 0 | - | $284,900 | $0 | - |
| Riverwood | 1 | 0 | - | $283,500 | $0 | - |
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