From July through December of 2017, there were 13 homes sold, with a median sale price of $373,000 - a 18.4% increase over the $315,000 median sale price for the same period of the previous year. There were 15 homes sold in Arden on the Severn in the second half of 2016.
The following table compares Arden on the Severn to other Anne Arundel County cities with similar median sales prices in the second half of 2017:
City | July - Dec. 2017 Home Sales | July - Dec. 2016 Home Sales | % change (Total Home Sales) | July - Dec. 2017 Median Sales Price | July - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Greenwood Acres | 2 | 10 | -80% | $395,000 | $323,000 | 22.3% |
Parole | 179 | 173 | 3.5% | $387,500 | $360,000 | 7.6% |
Riverwood | 2 | 4 | -50% | $385,000 | $356,500 | 8% |
Woods Landing | 11 | 4 | 175% | $383,000 | $346,999.50 | 10.4% |
Briarwood | 7 | 5 | 40% | $375,000 | $465,000 | -19.4% |
Arden on the Severn | 13 | 15 | -13.3% | $373,000 | $315,000 | 18.4% |
Annapolis | 344 | 331 | 3.9% | $360,000 | $340,000 | 5.9% |
Cape St. Claire | 83 | 87 | -4.6% | $360,000 | $349,900 | 2.9% |
Paradise Beach | 2 | 2 | 0% | $354,500 | $292,500 | 21.2% |
Arnold | 220 | 186 | 18.3% | $345,000 | $348,500 | -1% |
Friendship | 6 | 2 | 200% | $330,000 | $375,000 | -12% |