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

What happened to the median home price in Pasadena during January 2022?
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The median sale price of a home sold in January 2022 in Pasadena rose by $91,000 while total sales decreased by 82.2%, according to BlockShopper.com.

In January 2022, there were eight homes sold, with a median sale price of $416,000 – a 28% increase over the $325,000 median sale price for the same period of the previous year. There were 45 homes sold in Pasadena in January 2021.

The following table compares Pasadena 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)
Cape St. Claire 2 14 -85.7% $486,250 $389,950 24.7%
Jessup 1 0 $435,000 $0
Arnold 7 25 -72% $425,000 $361,000 17.7%
Ferndale 3 24 -87.5% $421,000 $279,950 50.4%
Annapolis 7 58 -87.9% $420,000 $434,750 -3.4%
Pasadena 8 45 -82.2% $416,000 $325,000 28%
Parole 6 31 -80.6% $412,500 $435,000 -5.2%
Revell Downs 3 2 50% $405,000 $237,500 70.5%
Shady Side 4 12 -66.7% $405,000 $367,500 10.2%
Arden on the Severn 3 3 0% $400,000 $451,000 -11.3%
Severn 19 60 -68.3% $395,000 $376,500 4.9%


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