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Maryland State Wire

Friday, November 8, 2024

Ferndale home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Ferndale fell by $17,800 while total sales decreased by 17.4%, according to BlockShopper.com.

From January through March of 2018, there were 38 homes sold, with a median sale price of $203,150 - a 8.1% decrease over the $220,950 median sale price for the same period of the previous year. There were 46 homes sold in Ferndale in the first quarter of 2017.

The following table compares Ferndale to other Anne Arundel County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Odenton136162-16%$288,075$277,0004%
Crofton94107-12.1%$276,000$259,9006.2%
Shady Side3135-11.4%$272,000$223,00022%
Lake Shore6374-14.9%$264,000$283,175-6.8%
Pasadena1229923.2%$251,500$255,000-1.4%
Linthicum2340-42.5%$240,000$247,000-2.8%
Riviera Beach5868-14.7%$230,250$215,5006.8%
Glen Burnie202271-25.5%$220,250$190,00015.9%
Revell Downs72250%$219,000$217,0000.9%
Ferndale3846-17.4%$203,150$220,950-8.1%
Brooklyn Park5585-35.3%$165,000$126,92030%

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