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Anne Arundel Today

Thursday, November 7, 2024

Falling home prices in North River Forest 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 North River Forest fell by $57,750 while total sales increased by 50%, according to BlockShopper.com.

From July through September of 2020, there were three homes sold, with a median sale price of $333,000 - a 14.8% decrease over the $390,750 median sale price for the same period of the previous year. There were two homes sold in North River Forest in the third quarter of 2019.

The following table compares North River Forest 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)
Maryland City3769-46.4%$370,000$283,50030.5%
Jessup3250%$360,000$348,0903.4%
Shady Side3845-15.6%$355,000$308,00015.3%
Revell Downs611-45.5%$349,950$289,00021.1%
Deale382931%$338,950$305,00011.1%
North River Forest3250%$333,000$390,750-14.8%
Odenton177205-13.7%$332,000$316,0005.1%
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%

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