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Friday, November 15, 2024

The second quarter of 2020: Patuxent Manor experienced a 7.8% increase in median home prices

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The median sale price of a home sold in the second quarter of 2020 in Patuxent Manor rose by $28,000 while total sales decreased by 50%, according to BlockShopper.com.

From April through June of 2020, there were two homes sold, with a median sale price of $387,500 - a 7.8% increase over the $359,500 median sale price for the same period of the previous year. There were four homes sold in Patuxent Manor in the second quarter of 2019.

The following table compares Patuxent Manor 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)
Mayo3545-22.2%$420,000$415,0001.2%
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%

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