Quantcast

Anne Arundel Today

Friday, November 15, 2024

Falling home prices in Annapolis Neck in the first half of 2019

Realestate4

The median sale price of a home sold in the first half of 2019 in Annapolis Neck fell by $25,000 while total sales increased by 24.7%, according to BlockShopper.com.

From January through June of 2019, there were 116 homes sold, with a median sale price of $450,000 - a 5.3% decrease over the $475,000 median sale price for the same period of the previous year. There were 93 homes sold in Annapolis Neck in the first half of 2018.

The following table compares Annapolis Neck 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)
Carriage Hills30-$525,000$0-
Briarwood36-50%$515,000$352,50046.1%
Severna Park2532319.5%$489,900$494,000-0.8%
Tanager Forest13-66.7%$475,000$440,0008%
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%

MORE NEWS