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Friday, November 15, 2024

Pricing for the median home in Greenwood Acres increased during the first half of 2019

Re 9

The median sale price of a home sold in the first half of 2019 in Greenwood Acres rose by $42,000 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

From January through June of 2019, there were four homes sold, with a median sale price of $399,500 - a 11.7% increase over the $357,500 median sale price for the same period of the previous year. There were four homes sold in Greenwood Acres in the first half of 2018, as well.

The following table compares Greenwood Acres 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)
Annapolis Neck1169324.7%$450,000$475,000-5.3%
Riva312240.9%$448,000$413,0008.5%
Rock Anna36-50%$420,000$430,000-2.3%
Belhaven Beach52150%$415,000$634,500-34.6%
Arnold2122015.5%$411,000$340,00020.9%
Greenwood Acres440%$399,500$357,50011.7%
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%

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