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Anne Arundel Today

Tuesday, November 26, 2024

Severn home prices fell in August 2019

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The median sale price of a home sold in August 2019 in Severn fell by $5,250 while total sales increased by 38.8%, according to BlockShopper.com.

In August 2019, there were 68 homes sold, with a median sale price of $359,750 - a 1.4% decrease over the $365,000 median sale price for the same period of the previous year. There were 49 homes sold in Severn in August 2018.

The following table compares Severn to other Anne Arundel County cities with similar median sale prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Patuxent Manor12-50%$375,000$391,500-4.2%
Rose Haven31200%$375,000$355,0005.6%
Arden on the Severn24-50%$374,950$267,50040.2%
Bayside Beach10-$365,000$0-
Cape St. Claire1115-26.7%$360,000$394,000-8.6%
Severn684938.8%$359,750$365,000-1.4%
Lake Shore34340%$348,750$295,00018.2%
Annapolis665226.9%$347,500$360,000-3.5%
Riva10666.7%$343,500$490,500-30%
Edgewater2814100%$337,781$368,000-8.2%
Crofton604922.4%$329,500$300,0009.8%

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