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Friday, November 15, 2024

Falling home prices in Parole in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Parole fell by $34,951 while total sales decreased by 6.7%, according to BlockShopper.com.

From January through June of 2019, there were 153 homes sold, with a median sale price of $364,999 - a 8.7% decrease over the $399,950 median sale price for the same period of the previous year. There were 164 homes sold in Parole in the first half of 2018.

The following table compares Parole 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)
Mayo786225.8%$399,499.50$405,500-1.5%
Annapolis2942930.3%$392,294$355,00010.5%
Green Gables21100%$377,000$365,0003.3%
Cape St. Claire766418.8%$372,500$370,7500.5%
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%

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