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Thursday, October 10, 2024

Pricing for the median home in Lake Shore decreased during May 2020

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The median sale price of a home sold in May 2020 in Lake Shore fell by $50,675 while total sales decreased by 54.8%, according to BlockShopper.com.

In May 2020, there were 14 homes sold, with a median sale price of $304,325 - a 14.3% decrease over the $355,000 median sale price for the same period of the previous year. There were 31 homes sold in Lake Shore in May 2019.

The following table compares Lake Shore to other Anne Arundel County cities with similar median sale prices in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Severn4661-24.6%$355,000$350,0001.4%
Linthicum211450%$340,500$274,00024.3%
Maryland City1419-26.3%$340,500$277,00022.9%
Pasadena3944-11.4%$314,000$280,95011.8%
Shady Side79-22.2%$305,000$244,00025%
Lake Shore1431-54.8%$304,325$355,000-14.3%
Paradise Beach110%$297,500$365,000-18.5%
Jessup30-$290,000$0-
Edgewater16156.7%$287,450$361,500-20.5%
Revell Downs3250%$285,000$347,000-17.9%
Riviera Beach2331-25.8%$260,000$260,0000%

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