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Anne Arundel Today

Thursday, November 7, 2024

Rising home prices in Severn 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 Severn rose by $34,000 while total sales decreased by 29.3%, according to BlockShopper.com.

From July through September of 2020, there were 135 homes sold, with a median sale price of $384,000 - a 9.7% increase over the $350,000 median sale price for the same period of the previous year. There were 191 homes sold in Severn in the third quarter of 2019.

The following table compares Severn 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)
Parole97105-7.6%$405,000$395,5002.4%
Rose Haven45-20%$400,000$330,00021.2%
Riverwood20-$399,500$0-
Woods Landing550%$394,000$370,0006.5%
Whispering Woods23-33.3%$392,547$410,000-4.3%
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%

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