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Anne Arundel Today

Thursday, November 7, 2024

Severna Park home prices rose 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 Severna Park rose by $32,500 while total sales decreased by 9.7%, according to BlockShopper.com.

From July through September of 2020, there were 187 homes sold, with a median sale price of $545,000 - a 6.3% increase over the $512,500 median sale price for the same period of the previous year. There were 207 homes sold in Severna Park in the third quarter of 2019.

The following table compares Severna Park 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)
Annapolis Neck886241.9%$615,000$505,00021.8%
Riva1321-38.1%$599,000$399,00050.1%
Bayside Beach31200%$590,000$365,00061.6%
Briarwood3250%$559,900$760,312.50-26.4%
Riviera Isle110%$555,000$300,00085%
Severna Park187207-9.7%$545,000$512,5006.3%
Galesville30-$525,000$0-
Gambrills913-30.8%$516,000$415,00024.3%
Rock Creek Park220%$501,000$357,00040.3%
Greenwood Acres15-80%$475,000$415,00014.5%
Belhaven Beach26-66.7%$466,000$294,50058.2%

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