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Friday, November 15, 2024

How did home prices perform in Severn during the second quarter of 2019?

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The median sale price of a home sold in the second quarter of 2019 in Severn rose by $2,613 while total sales increased by 11.8%, according to BlockShopper.com.

From April through June of 2019, there were 170 homes sold, with a median sale price of $335,000 - a 0.8% increase over the $332,388 median sale price for the same period of the previous year. There were 152 homes sold in Severn in the second quarter of 2018.

The following table compares Severn to other Anne Arundel County cities with similar median sale prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Riviera Isle35-40%$360,000$342,4335.1%
Patuxent Manor4333.3%$359,500$375,000-4.1%
Revell Downs716-56.3%$355,000$272,50030.3%
Arden on the Severn13862.5%$350,000$353,950-1.1%
Edgewater5455-1.8%$345,000$339,9001.5%
Severn17015211.8%$335,000$332,387.500.8%
Deale2233-33.3%$331,000$310,0006.8%
Round View10-$330,000$0-
Lake Shore9899-1%$327,950$298,00010.1%
Odenton2101919.9%$315,000$305,0003.3%
Crofton1671529.9%$310,000$325,000-4.6%

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