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Maryland State Wire

Wednesday, April 23, 2025

Severn home prices fall in July 2017

Re 4

The median sale price of a home sold in July 2017 in Severn fell by $1,000 while total sales decreased by 8.9%, according to BlockShopper.com.

In July 2017, there were 41 homes sold, with a median sale price of $311,000 - a 0.3% decrease over the $312,000 median sale price for the same period of the previous year. There were 45 homes sold in Severn in July 2016.

The following table compares Severn to other Anne Arundel County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Bayside Beach51400%$329,000$100,000229%
Lake Shore3133-6.1%$325,000$314,9003.2%
Riviera Isle10-$323,400$0-
Maryland City2021-4.8%$317,450$307,0003.4%
Linthicum1316-18.8%$315,000$240,00031.3%
Severn4145-8.9%$311,000$312,000-0.3%
Gambrills440%$308,750$390,000-20.8%
Crofton644445.5%$272,250$277,500-1.9%
Pasadena454012.5%$269,900$256,0005.4%
Deale78-12.5%$265,000$451,500-41.3%
Riviera Beach24229.1%$249,000$232,0007.3%

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