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Friday, November 15, 2024

The second quarter of 2019: Home prices in Arden on the Severn fell

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The median sale price of a home sold in the second quarter of 2019 in Arden on the Severn fell by $3,950 while total sales increased by 62.5%, according to BlockShopper.com.

From April through June of 2019, there were 13 homes sold, with a median sale price of $350,000 - a 1.1% decrease over the $353,950 median sale price for the same period of the previous year. There were eight homes sold in Arden on the Severn in the second quarter of 2018.

The following table compares Arden on the 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)
Rose Haven20-$366,200$0-
Paradise Beach3250%$365,000$291,50025.2%
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%

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