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Maryland State Wire

Thursday, April 18, 2024

Gambrills home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Gambrills rose by $64,900 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In May 2018, there were three homes sold, with a median sale price of $381,900 - a 20.5% increase over the $317,000 median sale price for the same period of the previous year. There were three homes sold in Gambrills in May 2017, as well.

The following table compares Gambrills 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)
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%
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%

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