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Friday, November 15, 2024

June 2019: Gambrills experienced a 5.8% drop in median home prices

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The median sale price of a home sold in June 2019 in Gambrills fell by $26,250 while total sales increased by 33.3%, according to BlockShopper.com.

In June 2019, there were eight homes sold, with a median sale price of $423,750 - a 5.8% decrease over the $450,000 median sale price for the same period of the previous year. There were six homes sold in Gambrills in June 2018.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Annapolis87852.4%$460,000$330,00039.4%
Annapolis Neck271942.1%$450,000$462,000-2.6%
Arnold675815.5%$435,000$332,45030.8%
Cape St. Claire1823-21.7%$428,250$375,50014%
Carriage Hills20-$424,500$0-
Gambrills8633.3%$423,750$450,000-5.8%
Woods Landing16-83.3%$410,000$399,9502.5%
Patuxent Manor110%$399,900$220,00081.8%
Mayo15147.1%$399,000$422,500-5.6%
Whispering Woods12-50%$390,000$435,500-10.4%
Parole38365.6%$382,500$351,0009%

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