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Anne Arundel Today

Friday, November 15, 2024

Home prices increased in Severn during June 2020

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in June 2020 in Severn rose by $28,500 while total sales decreased by 45.8%, according to BlockShopper.com.

In June 2020, there were 39 homes sold, with a median sale price of $355,000 - a 8.7% increase over the $326,500 median sale price for the same period of the previous year. There were 72 homes sold in Severn in June 2019.

The following table compares Severn to other Anne Arundel County cities with similar median sale prices in June 2020:

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Cape St. Claire618-66.7%$418,000$428,250-2.4%
Arnold5567-17.9%$400,000$435,000-8%
Annapolis5587-36.8%$390,000$460,000-15.2%
Briarwood10-$385,000$0-
Crofton5366-19.7%$360,000$278,50029.3%
Severn3972-45.8%$355,000$326,5008.7%
Greenwood Acres10-$354,000$0-
Edgewater1923-17.4%$348,650$345,0001.1%
Herald Harbor6520%$336,000$472,000-28.8%
Rose Haven220%$334,500$366,200-8.7%
Revell Downs13-66.7%$330,000$290,00013.8%

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