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Maryland State Wire

Friday, April 19, 2024

Parole home prices rise in May 2018

Realestate2

The median sale price of a home sold in May 2018 in Parole rose by $20,000 while total sales increased by 28.1%, according to BlockShopper.com.

In May 2018, there were 41 homes sold, with a median sale price of $410,000 - a 5.1% increase over the $390,000 median sale price for the same period of the previous year. There were 32 homes sold in Parole in May 2017.

The following table compares Parole 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)
Annapolis Neck1523-34.8%$575,000$525,0009.5%
Briarwood20-$552,000$0-
Riva38-62.5%$535,000$515,0003.9%
Severna Park49490%$507,500$490,0003.6%
Galesville10-$415,000$0-
Parole413228.1%$410,000$390,0005.1%
Patuxent Manor20-$395,000$0-
Woods Landing10-$395,000$0-
Arden on the Severn23-33.3%$387,000$285,00035.8%
Cape St. Claire918-50%$386,000$364,4755.9%
Arnold524418.2%$382,500$273,45039.9%

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