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Friday, November 15, 2024

What happened to the median home price in Gambrills during June 2020?

Realestate4

The median sale price of a home sold in June 2020 in Gambrills rose by $81,250 while total sales decreased by 62.5%, according to BlockShopper.com.

In June 2020, there were three homes sold, with a median sale price of $505,000 - a 19.2% increase over the $423,750 median sale price for the same period of the previous year. There were eight homes sold in Gambrills in June 2019.

The following table compares Gambrills 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)
Severna Park5258-10.3%$545,500$550,000-0.8%
Riva57-28.6%$527,000$630,000-16.3%
Rock Anna10-$520,000$0-
Gambrills38-62.5%$505,000$423,75019.2%
Riviera Isle10-$480,000$0-
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%

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