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Friday, May 23, 2025

Gambrills home prices fall in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Gambrills fell by $8,500 while total sales increased by 6.7%, according to BlockShopper.com.

From July through December of 2018, there were 16 homes sold, with a median sale price of $406,500 - a 2% decrease over the $415,000 median sale price for the same period of the previous year. There were 15 homes sold in Gambrills in the second half of 2017.

The following table compares Gambrills to other Anne Arundel County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Carriage Hills21100%$602,500$565,0006.6%
Severna Park276283-2.5%$505,500$487,5003.7%
Annapolis Neck1301290.8%$488,950$445,0009.9%
Dulls Corner24-50%$410,000$545,000-24.8%
Riva2024-16.7%$407,500$426,000-4.3%
Gambrills16156.7%$406,500$415,000-2%
Greenwood Acres42100%$406,500$395,0002.9%
Mayo81775.2%$405,000$405,0000%
Green Gables23-33.3%$390,000$735,000-46.9%
Cape St. Claire83830%$385,000$360,0006.9%
Patuxent Manor92350%$385,000$285,45034.9%

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