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Anne Arundel Today

Thursday, October 10, 2024

May 2020: Crofton experienced a 35.2% increase in median home prices

Realestate2

The median sale price of a home sold in May 2020 in Crofton rose by $114,450 while total sales decreased by 39.7%, according to BlockShopper.com.

In May 2020, there were 35 homes sold, with a median sale price of $440,000 - a 35.2% increase over the $325,550 median sale price for the same period of the previous year. There were 58 homes sold in Crofton in May 2019.

The following table compares Crofton 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)
Herald Harbor48-50%$525,645$387,25035.7%
Severna Park5460-10%$492,500$507,250-2.9%
Riva57-28.6%$481,151$448,0007.4%
Parole2933-12.1%$461,000$389,90018.2%
Bayside Beach10-$444,000$0-
Crofton3558-39.7%$440,000$325,55035.2%
Riviera Isle12-50%$439,000$383,75014.4%
Briarwood21100%$437,790$632,000-30.7%
Annapolis565012%$433,250$375,00015.5%
Cape St. Claire813-38.5%$428,000$405,0005.7%
Arnold463339.4%$397,500$365,0008.9%

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