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Maryland State Wire

Tuesday, April 22, 2025

Lake Shore home prices fall in May 2017

Re 1

The median sale price of a home sold in May 2017 in Lake Shore fell by $1,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In May 2017, there were 25 homes sold, with a median sale price of $288,000 - a 0.3% decrease over the $289,000 median sale price for the same period of the previous year. There were 35 homes sold in Lake Shore in May 2016.

The following table compares Lake Shore to other Anne Arundel County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Annapolis725044%$335,000$307,5008.9%
Herald Harbor81700%$332,450$365,000-8.9%
Gambrills31200%$317,000$708,000-55.2%
Odenton735630.4%$305,000$280,0008.9%
Edgewater252119%$305,000$335,000-9%
Lake Shore2535-28.6%$288,000$289,000-0.3%
Arden on the Severn330%$285,000$499,900-43%
Belhaven Beach20-$281,024.50$0-
Rock Creek Park10-$275,000$0-
Arnold4453-17%$273,450$377,000-27.5%
North River Forest12-50%$270,000$241,70011.7%

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