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Friday, November 15, 2024

How did home prices perform in Ferndale during the second quarter of 2020?

Realestate1

The median sale price of a home sold in the second quarter of 2020 in Ferndale rose by $42,250 while total sales decreased by 17.2%, according to BlockShopper.com.

From April through June of 2020, there were 53 homes sold, with a median sale price of $280,000 - a 17.8% increase over the $237,750 median sale price for the same period of the previous year. There were 64 homes sold in Ferndale in the second quarter of 2019.

The following table compares Ferndale to other Anne Arundel County cities with similar median sale prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Linthicum4856-14.3%$302,500$295,0002.5%
Deale23224.5%$299,000$331,000-9.7%
Jessup30-$290,000$0-
Revell Downs67-14.3%$288,500$355,000-18.7%
Galesville23-33.3%$283,500$267,0006.2%
Ferndale5364-17.2%$280,000$237,75017.8%
Riviera Beach5775-24%$263,000$255,0003.1%
Venice on the Bay21100%$253,950$268,000-5.2%
Glen Burnie196264-25.8%$250,000$231,0008.2%
Friendship110%$210,000$700,000-70%
Brooklyn Park6287-28.7%$157,500$165,200-4.7%

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