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Friday, November 15, 2024

Pricing for the median home in Revell Downs increased during the second quarter of 2019

Re 7

The median sale price of a home sold in the second quarter of 2019 in Revell Downs rose by $82,500 while total sales decreased by 56.3%, according to BlockShopper.com.

From April through June of 2019, there were seven homes sold, with a median sale price of $355,000 - a 30.3% increase over the $272,500 median sale price for the same period of the previous year. There were 16 homes sold in Revell Downs in the second quarter of 2018.

The following table compares Revell Downs 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)
Whispering Woods4333.3%$367,400$410,000-10.4%
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-

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