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Anne Arundel Today

Sunday, November 24, 2024

The first half of 2021: Venice on the Bay experienced a 1.9% drop in median home prices

Re 7

The median sale price of a home sold in the first half of 2021 in Venice on the Bay fell by $4,850 while total sales decreased by 25%, according to BlockShopper.com.

From January through June of 2021, there were three homes sold, with a median sale price of $249,100 - a 1.9% decrease over the $253,950 median sale price for the same period of the previous year. There were four homes sold in Venice on the Bay in the first half of 2020.

The following table compares Venice on the Bay to other Anne Arundel County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Linthicum6886-20.9%$339,500$296,25014.6%
North River Forest47-42.9%$334,950$315,0006.3%
Pasadena185204-9.3%$334,000$305,0009.5%
Odenton261274-4.7%$331,107$315,0005.1%
Patuxent Manor26-66.7%$320,750.50$357,500-10.3%
Revell Downs111010%$310,000$311,000-0.3%
Ferndale96114-15.8%$289,950$258,00012.4%
Riviera Beach109111-1.8%$285,000$260,0009.6%
Glen Burnie393447-12.1%$280,000$245,00014.3%
Venice on the Bay34-25%$249,100$253,950-1.9%
Brooklyn Park99116-14.7%$215,000$167,709.5028.2%

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