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Saturday, April 19, 2025

Severn home prices rise in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Severn rose by $26,800 while total sales decreased by 12.2%, according to BlockShopper.com.

From January through June of 2017, there were 296 homes sold, with a median sale price of $310,000 - a 9.5% increase over the $283,200 median sale price for the same period of the previous year. There were 337 homes sold in Severn in the first half of 2016.

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

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Annapolis3473266.4%$330,000$328,5500.4%
Patuxent Manor37-57.1%$330,000$352,000-6.3%
Edgewater1221183.4%$326,000$316,9502.9%
Arnold2422343.4%$315,000$335,750-6.2%
Greenwood Acres611-45.5%$313,000$342,000-8.5%
Severn296337-12.2%$310,000$283,2009.5%
Crofton256264-3%$308,200$309,950-0.6%
Arden on the Severn1422-36.4%$300,000$338,500-11.4%
Odenton3903627.7%$295,000$270,0009.3%
Rose Haven63100%$293,200$315,000-6.9%
Whispering Woods21100%$289,544.50$317,500-8.8%

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