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Friday, November 15, 2024

Home prices increased in Greenwood Acres during the second quarter of 2019

Re 12

The median sale price of a home sold in the second quarter of 2019 in Greenwood Acres rose by $65,000 while total sales decreased by 33.3%, according to BlockShopper.com.

From April through June of 2019, there were two homes sold, with a median sale price of $430,000 - a 17.8% increase over the $365,000 median sale price for the same period of the previous year. There were three homes sold in Greenwood Acres in the second quarter of 2018.

The following table compares Greenwood Acres 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)
Severna Park1631545.8%$494,000$508,750-2.9%
Tanager Forest10-$475,000$0-
Gambrills14137.7%$451,000$460,000-2%
Annapolis Neck735435.2%$450,000$477,000-5.7%
Riva221283.3%$431,500$480,500-10.2%
Greenwood Acres23-33.3%$430,000$365,00017.8%
Carriage Hills20-$424,500$0-
Rock Anna14-75%$420,000$345,50021.6%
Mayo453528.6%$415,000$415,0000%
Arnold142143-0.7%$411,000$358,00014.8%
Annapolis1841821.1%$408,500$343,50018.9%

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