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Thursday, November 7, 2024

What happened to the median home price in Patuxent Manor during the third quarter of 2020?

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The median sale price of a home sold in the third quarter of 2020 in Patuxent Manor fell by $24,500 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

From July through September of 2020, there were four homes sold, with a median sale price of $373,000 - a 6.2% decrease over the $397,500 median sale price for the same period of the previous year. There were four homes sold in Patuxent Manor in the third quarter of 2019, as well.

The following table compares Patuxent Manor 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)
Severn135191-29.3%$384,000$350,0009.7%
Green Gables110%$379,000$449,000-15.6%
Crofton154190-18.9%$378,000$347,5008.8%
Herald Harbor1718-5.6%$375,000$502,500-25.4%
Edgewater6078-23.1%$373,250$346,2817.8%
Patuxent Manor440%$373,000$397,499.50-6.2%
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%

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