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Maryland State Wire

Friday, November 22, 2024

Gambrills home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Gambrills rose by $177,500 while total sales decreased by 50%, according to BlockShopper.com.

In March 2018, there were two homes sold, with a median sale price of $487,500 - a 57.3% increase over the $310,000 median sale price for the same period of the previous year. There were four homes sold in Gambrills in March 2017.

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

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Crownsville220%$852,500$595,00043.3%
Gambrills24-50%$487,500$310,00057.3%
Rock Anna20-$480,000$0-
Severna Park2748-43.8%$470,000$449,4754.6%
Whispering Woods10-$465,000$0-
Annapolis Neck2223-4.3%$454,500$482,000-5.7%
Rock Creek Park12-50%$425,000$233,95081.7%
Cape St. Claire11110%$400,000$365,0009.6%
Parole2730-10%$385,000$379,0001.6%
Annapolis3248-33.3%$377,915$332,50013.7%
Green Gables10-$365,000$0-

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