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Friday, November 15, 2024

What happened to the median home price in Arnold during the first half of 2019?

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The median sale price of a home sold in the first half of 2019 in Arnold rose by $71,000 while total sales increased by 5.5%, according to BlockShopper.com.

From January through June of 2019, there were 212 homes sold, with a median sale price of $411,000 - a 20.9% increase over the $340,000 median sale price for the same period of the previous year. There were 201 homes sold in Arnold in the first half of 2018.

The following table compares Arnold 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)
Gambrills221822.2%$454,750$458,375-0.8%
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%

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