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Sunday, November 24, 2024

What happened to the median home price in Jessup during the first half of 2021?

Realestate1

The median sale price of a home sold in the first half of 2021 in Jessup rose by $115,708 while total sales decreased by 50%, according to BlockShopper.com.

From January through June of 2021, there were two homes sold, with a median sale price of $390,708 - a 42.1% increase over the $275,000 median sale price for the same period of the previous year. There were four homes sold in Jessup in the first half of 2020.

The following table compares Jessup 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)
Cape St. Claire5658-3.4%$419,950$377,50011.2%
Arden on the Severn181612.5%$419,500$377,50011.1%
Whispering Woods72250%$400,000$422,915-5.4%
Woods Landing35-40%$400,000$393,5001.7%
Rose Haven42100%$399,950$334,50019.6%
Jessup24-50%$390,708$275,00042.1%
Edgewater80115-30.4%$390,000$331,00017.8%
Riverwood30-$386,000$0-
Severn206267-22.8%$381,500$345,00010.6%
Arnold155197-21.3%$380,000$385,000-1.3%
Deale48480%$367,500$299,50022.7%

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