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Anne Arundel Today

Wednesday, November 27, 2024

Severna Park home prices rise 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 Severna Park rose by $18,000 while total sales decreased by 2.5%, according to BlockShopper.com.

From July through December of 2018, there were 276 homes sold, with a median sale price of $505,500 - a 3.7% increase over the $487,500 median sale price for the same period of the previous year. There were 283 homes sold in Severna Park in the second half of 2017.

The following table compares Severna Park 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)
Little John10-$775,000$0-
Amberly34-25%$715,000$720,000-0.7%
Crownsville10742.9%$712,000$785,000-9.3%
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%

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