From January through December of 2017, there were 597 homes sold, with a median sale price of $312,500 - a 4.2% increase over the $300,000 median sale price for the previous year. There were 673 homes sold in Severn in 2016.
The following table compares Severn to other Anne Arundel County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Patuxent Manor | 5 | 9 | -44.4% | $330,000 | $352,000 | -6.3% |
Arnold | 462 | 420 | 10% | $329,500 | $340,000 | -3.1% |
Bayside Beach | 11 | 11 | 0% | $329,000 | $339,000 | -2.9% |
Edgewater | 242 | 266 | -9% | $325,000 | $319,450 | 1.7% |
Greenwood Acres | 8 | 21 | -61.9% | $322,000 | $325,000 | -0.9% |
Severn | 597 | 673 | -11.3% | $312,500 | $300,000 | 4.2% |
Arden on the Severn | 27 | 37 | -27% | $310,000 | $323,235 | -4.1% |
Crofton | 561 | 566 | -0.9% | $309,000 | $298,500 | 3.5% |
Lake Shore | 360 | 371 | -3% | $295,000 | $290,000 | 1.7% |
Odenton | 725 | 757 | -4.2% | $295,000 | $283,800 | 3.9% |
Deale | 99 | 113 | -12.4% | $295,000 | $295,000 | 0% |