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Anne Arundel Today

Saturday, November 16, 2024

Falling home prices in Annapolis in June 2020

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The median sale price of a home sold in June 2020 in Annapolis fell by $70,000 while total sales decreased by 36.8%, according to BlockShopper.com.

In June 2020, there were 55 homes sold, with a median sale price of $390,000 - a 15.2% decrease over the $460,000 median sale price for the same period of the previous year. There were 87 homes sold in Annapolis in June 2019.

The following table compares Annapolis 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)
Annapolis Neck1927-29.6%$474,500$450,0005.4%
Mayo1315-13.3%$439,900$399,00010.3%
Parole2638-31.6%$426,000$382,50011.4%
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%

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