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Friday, November 15, 2024

What happened to the median home price in Crofton during the second quarter of 2020?

Realestate077

The median sale price of a home sold in the second quarter of 2020 in Crofton rose by $65,000 while total sales decreased by 24.6%, according to BlockShopper.com.

From April through June of 2020, there were 126 homes sold, with a median sale price of $375,000 - a 21% increase over the $310,000 median sale price for the same period of the previous year. There were 167 homes sold in Crofton in the second quarter of 2019.

The following table compares Crofton 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)
Cape St. Claire1945-57.8%$416,000$405,0002.7%
Annapolis144184-21.7%$412,250$408,5000.9%
Woods Landing220%$401,750$371,0008.3%
Arnold125142-12%$390,000$411,000-5.1%
Patuxent Manor24-50%$387,500$359,5007.8%
Crofton126167-24.6%$375,000$310,00021%
Whispering Woods14-75%$371,000$367,4001%
Severn119170-30%$364,000$335,0008.7%
Bayside Beach50-$360,000$0-
Greenwood Acres12-50%$354,000$430,000-17.7%
Edgewater58547.4%$337,250$345,000-2.2%

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