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Anne Arundel Today

Wednesday, November 6, 2024

Home prices increased in Severna Park during the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Severna Park rose by $40,000 while total sales decreased by 29.6%, according to BlockShopper.com.

From January through June of 2021, there were 193 homes sold, with a median sale price of $550,000 - a 7.8% increase over the $510,000 median sale price for the same period of the previous year. There were 274 homes sold in Severna Park in the first half of 2020.

The following table compares Severna Park 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)
Briarwood56-16.7%$649,000$505,29028.4%
Dulls Corner40-$604,000$0-
Galesville63100%$595,000$325,00083.1%
Riva32306.7%$576,000$478,075.5020.5%
Annapolis Neck95932.2%$565,251$508,00011.3%
Severna Park193274-29.6%$550,000$510,0007.8%
Carriage Hills110%$500,000$560,000-10.7%
Gambrills1219-36.8%$461,700$550,000-16.1%
Green Gables110%$456,000$290,00057.2%
Rock Anna45-20%$455,000$520,000-12.5%
Mayo5466-18.2%$445,000$413,5007.6%

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