What happened to the median home price in Lake Shore during January 2022?

What happened to the median home price in Lake Shore during January 2022?
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The median sale price of a home sold in January 2022 in Lake Shore fell by $1,154 while total sales decreased by 81.3%, according to BlockShopper.com.

In January 2022, there were six homes sold, with a median sale price of $344,500 – a 0.3% decrease over the $345,654 median sale price for the same period of the previous year. There were 32 homes sold in Lake Shore in January 2021.

The following table compares Lake Shore to other Anne Arundel County cities with similar median sale prices in January 2022:

City Jan. 2022 Home Sales Jan. 2021 Home Sales % change (Total Home Sales) Jan. 2022 Median Sales Price Jan. 2021 Median Sales Price % change (Median Sales Price)
Severn 19 60 -68.3% $395,000 $376,500 4.9%
Odenton 8 72 -88.9% $376,000 $324,500 15.9%
Maryland City 4 23 -82.6% $372,450 $337,000 10.5%
Glen Burnie 30 81 -63% $352,450 $283,000 24.5%
Riviera Beach 3 24 -87.5% $346,000 $277,000 24.9%
Lake Shore 6 32 -81.3% $344,500 $345,654 -0.3%
Crofton 18 38 -52.6% $344,250 $405,000 -15%
North River Forest 1 0 $320,000 $0
Deale 3 13 -76.9% $306,000 $363,600 -15.8%
Linthicum 5 18 -72.2% $299,900 $330,000 -9.1%
Brooklyn Park 8 30 -73.3% $280,000 $208,000 34.6%


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