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Friday, November 15, 2024

Home prices increased in Severna Park during the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Severna Park rose by $20,100 while total sales increased by 8.3%, according to BlockShopper.com.

From January through June of 2020, there were 274 homes sold, with a median sale price of $510,000 - a 4.1% increase over the $489,900 median sale price for the same period of the previous year. There were 253 homes sold in Severna Park in the first half of 2019.

The following table compares Severna Park 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)
Crownsville714-50%$899,000$695,00029.4%
Amberly30-$855,000$0-
Carriage Hills13-66.7%$560,000$525,0006.7%
Gambrills1922-13.6%$550,000$454,75020.9%
Rock Anna5366.7%$520,000$420,00023.8%
Severna Park2742538.3%$510,000$489,9004.1%
Annapolis Neck93116-19.8%$508,000$450,00012.9%
Briarwood63100%$505,290$515,000-1.9%
Belhaven Beach35-40%$479,000$415,00015.4%
Riva3031-3.2%$478,075.50$448,0006.7%
Riviera Isle26-66.7%$459,500$327,00040.5%

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