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Friday, November 15, 2024

How did home prices perform in Greenwood Acres during the first half of 2020?

Realestate4

The median sale price of a home sold in the first half of 2020 in Greenwood Acres fell by $45,500 while total sales increased by 25%, according to BlockShopper.com.

From January through June of 2020, there were five homes sold, with a median sale price of $354,000 - a 11.4% decrease over the $399,500 median sale price for the same period of the previous year. There were four homes sold in Greenwood Acres in the first half of 2019.

The following table compares Greenwood Acres 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)
Cape St. Claire5876-23.7%$377,500$372,5001.3%
Herald Harbor2534-26.5%$372,900$349,9506.6%
Rock Creek Park110%$369,900$210,00076.1%
Bayside Beach70-$360,000$0-
Patuxent Manor67-14.3%$357,500$351,0001.9%
Greenwood Acres5425%$354,000$399,500-11.4%
Severn267311-14.1%$345,000$330,0004.5%
Rose Haven23-33.3%$334,500$352,500-5.1%
Crofton244256-4.7%$331,000$289,45014.4%
Edgewater1159323.7%$331,000$325,0001.8%
Maryland City88105-16.2%$325,000$289,99912.1%

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