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Anne Arundel Today

Wednesday, November 27, 2024

Green Gables home prices fall in 2018

Re 7

The median sale price of a home sold in 2018 in Green Gables fell by $354,000 while total sales decreased by 40%, according to BlockShopper.com.

From January through December of 2018, there were three homes sold, with a median sale price of $365,000 - a 49.2% decrease over the $719,000 median sale price for the previous year. There were five homes sold in Green Gables in 2017.

The following table compares Green Gables to other Anne Arundel County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Parole317347-8.6%$380,000$377,5000.7%
Cape St. Claire147161-8.7%$379,000$362,5004.6%
Greenwood Acres880%$376,500$322,00016.9%
Galesville67-14.3%$372,500$455,000-18.1%
Arden on the Severn27270%$368,000$310,00018.7%
Green Gables35-40%$365,000$719,000-49.2%
Briarwood1013-23.1%$362,450$495,000-26.8%
Herald Harbor5556-1.8%$360,000$337,0006.8%
Annapolis563691-18.5%$360,000$348,0003.4%
Riviera Isle12771.4%$346,166.50$355,000-2.5%
Arnold397462-14.1%$345,500$329,5004.9%

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