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Friday, November 15, 2024

The first half of 2019: Patuxent Manor experienced a 8.2% drop in median home prices

Realestate4

The median sale price of a home sold in the first half of 2019 in Patuxent Manor fell by $31,500 while total sales increased by 75%, according to BlockShopper.com.

From January through June of 2019, there were seven homes sold, with a median sale price of $351,000 - a 8.2% decrease over the $382,500 median sale price for the same period of the previous year. There were four homes sold in Patuxent Manor in the first half of 2018.

The following table compares Patuxent Manor to other Anne Arundel County cities with similar median sale prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Paradise Beach42100%$367,500$291,50026.1%
Parole153164-6.7%$364,999$399,950-8.7%
Whispering Woods6450%$356,900$435,500-18%
North River Forest67-14.3%$352,500$341,0003.4%
Rose Haven31200%$352,500$340,0003.7%
Patuxent Manor7475%$351,000$382,500-8.2%
Herald Harbor342725.9%$349,950$365,000-4.1%
Arden on the Severn241384.6%$346,250$330,0004.9%
Woods Landing510-50%$345,000$392,450-12.1%
Severn31125422.4%$330,000$324,9501.6%
Riviera Isle67-14.3%$327,000$342,433-4.5%

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