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Thursday, October 10, 2024

May 2020: Pasadena experienced a 11.8% increase in median home prices

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in May 2020 in Pasadena rose by $33,050 while total sales decreased by 11.4%, according to BlockShopper.com.

In May 2020, there were 39 homes sold, with a median sale price of $314,000 - a 11.8% increase over the $280,950 median sale price for the same period of the previous year. There were 44 homes sold in Pasadena in May 2019.

The following table compares Pasadena 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)
Mayo1217-29.4%$367,500$465,000-21%
Patuxent Manor110%$355,000$379,000-6.3%
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%

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