The median sale price of a home sold in the second half of 2021 in Severn rose by $42,500 while total sales decreased by 57.2%, according to BlockShopper.com.
From July through December of 2021, there were 130 homes sold, with a median sale price of $420,000 – a 11.3% increase over the $377,500 median sale price for the same period of the previous year. There were 304 homes sold in Severn in the second half of 2020.
The following table compares Severn to other Anne Arundel County cities with similar median sale prices in the second half of 2021:
| City | July – Dec. 2021 Home Sales | July – Dec. 2020 Home Sales | % change (Total Home Sales) | July – Dec. 2021 Median Sales Price | July – Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Herald Harbor | 10 | 31 | -67.7% | $434,937.50 | $399,000 | 9% |
| Briarwood | 5 | 7 | -28.6% | $429,000 | $559,900 | -23.4% |
| Arnold | 142 | 229 | -38% | $425,250 | $429,000 | -0.9% |
| Paradise Beach | 1 | 2 | -50% | $425,000 | $434,950 | -2.3% |
| Rose Haven | 2 | 10 | -80% | $423,000 | $408,250 | 3.6% |
| Severn | 130 | 304 | -57.2% | $420,000 | $377,500 | 11.3% |
| North River Forest | 4 | 6 | -33.3% | $418,500 | $337,000 | 24.2% |
| Riverwood | 3 | 3 | 0% | $408,000 | $404,000 | 1% |
| Bayside Beach | 4 | 4 | 0% | $401,250 | $465,000 | -13.7% |
| Green Gables | 2 | 4 | -50% | $393,000 | $514,500 | -23.6% |
| Deale | 17 | 65 | -73.8% | $390,000 | $378,000 | 3.2% |
