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Maryland State Wire

Tuesday, April 16, 2024

Edgewater home prices rise in May 2018

Realestate5

The median sale price of a home sold in May 2018 in Edgewater rose by $54,900 while total sales decreased by 24%, according to BlockShopper.com.

In May 2018, there were 19 homes sold, with a median sale price of $359,900 - a 18% increase over the $305,000 median sale price for the same period of the previous year. There were 25 homes sold in Edgewater in May 2017.

The following table compares Edgewater to other Anne Arundel County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Gambrills330%$381,900$317,00020.5%
Mayo1623-30.4%$373,500$482,000-22.5%
Paradise Beach10-$368,000$0-
Annapolis6272-13.9%$366,250$335,0009.3%
Riverwood110%$360,000$250,00044%
Edgewater1925-24%$359,900$305,00018%
North River Forest21100%$351,750$270,00030.3%
Crofton4649-6.1%$322,050$344,900-6.6%
Severn4955-10.9%$316,200$345,000-8.3%
Greenwood Acres13-66.7%$315,000$339,000-7.1%
Odenton6073-17.8%$313,950$305,0002.9%

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