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Saturday, November 16, 2024

The first half of 2020: Home prices in North River Forest fell

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The median sale price of a home sold in the first half of 2020 in North River Forest fell by $37,500 while total sales increased by 16.7%, according to BlockShopper.com.

From January through June of 2020, there were seven homes sold, with a median sale price of $315,000 - a 10.6% decrease over the $352,500 median sale price for the same period of the previous year. There were six homes sold in North River Forest in the first half of 2019.

The following table compares North River Forest to other Anne Arundel County cities with similar median sale prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Crofton244256-4.7%$331,000$289,45014.4%
Edgewater1159323.7%$331,000$325,0001.8%
Maryland City88105-16.2%$325,000$289,99912.1%
Galesville330%$325,000$267,00021.7%
Lake Shore122154-20.8%$320,000$326,450-2%
North River Forest7616.7%$315,000$352,500-10.6%
Odenton274371-26.1%$315,000$310,0001.6%
Revell Downs1018-44.4%$311,000$320,000-2.8%
Shady Side5458-6.9%$310,000$277,25011.8%
Pasadena204227-10.1%$305,000$280,0008.9%
Deale484020%$299,500$319,450-6.2%

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