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Maryland State Wire

Friday, November 8, 2024

Severn home prices rise in April 2018

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The median sale price of a home sold in April 2018 in Severn rose by $30,500 while total sales decreased by 37.5%, according to BlockShopper.com.

In April 2018, there were 30 homes sold, with a median sale price of $322,000 - a 10.5% increase over the $291,500 median sale price for the same period of the previous year. There were 48 homes sold in Severn in April 2017.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Briarwood110%$369,900$569,900-35.1%
Cape St. Claire512-58.3%$355,000$382,450-7.2%
Arden on the Severn21100%$339,250$310,0009.4%
Annapolis3541-14.6%$335,150$305,0009.9%
Deale612-50%$326,250$255,00027.9%
Severn3048-37.5%$322,000$291,50010.5%
Whispering Woods10-$320,000$0-
Maryland City1416-12.5%$319,500$251,00027.3%
Crofton363212.5%$312,622$319,950-2.3%
Odenton4454-18.5%$308,775$267,50015.4%
Shady Side513-61.5%$295,000$213,00038.5%

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