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Thursday, November 7, 2024

Falling home prices in Brooklyn Park in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Brooklyn Park fell by $20,608 while total sales decreased by 13.2%, according to BlockShopper.com.

From July through September of 2020, there were 66 homes sold, with a median sale price of $164,392 - a 11.1% decrease over the $185,000 median sale price for the same period of the previous year. There were 76 homes sold in Brooklyn Park in the third quarter of 2019.

The following table compares Brooklyn Park to other Anne Arundel County cities with similar median sale prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Paradise Beach110%$330,000$515,000-35.9%
Lake Shore97100-3%$329,600$317,7503.7%
Linthicum4749-4.1%$320,000$295,0008.5%
Rock Anna67-14.3%$320,000$335,000-4.5%
Pasadena118157-24.8%$318,000$295,0007.8%
Ferndale4965-24.6%$285,000$245,90015.9%
Venice on the Bay220%$284,899.50$397,500-28.3%
Riviera Beach877122.5%$270,000$258,5754.4%
Glen Burnie252302-16.6%$261,000$248,0005.2%
Dulls Corner110%$175,000$612,000-71.4%
Brooklyn Park6676-13.2%$164,392$185,000-11.1%

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