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Maryland State Wire

Tuesday, April 22, 2025

Greenwood Acres home prices fall in May 2017

Re 6

The median sale price of a home sold in May 2017 in Greenwood Acres fell by $63,500 while total sales decreased by 25%, according to BlockShopper.com.

In May 2017, there were three homes sold, with a median sale price of $339,000 - a 15.8% decrease over the $402,500 median sale price for the same period of the previous year. There were four homes sold in Greenwood Acres in May 2016.

The following table compares Greenwood Acres 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)
Deale1214-14.3%$372,450$310,55019.9%
Cape St. Claire18180%$364,475$360,0001.2%
Revell Downs110%$350,000$162,499115.4%
Severn5562-11.3%$345,000$284,039.5021.5%
Crofton49466.5%$344,900$368,250-6.3%
Greenwood Acres34-25%$339,000$402,500-15.8%
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%

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