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Maryland State Wire

Friday, November 8, 2024

Arden on the Severn home prices rise in the first quarter of 2018

Realestate4

The median sale price of a home sold in the first quarter of 2018 in Arden on the Severn rose by $30,000 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

From January through March of 2018, there were five homes sold, with a median sale price of $330,000 - a 10% increase over the $300,000 median sale price for the same period of the previous year. There were five homes sold in Arden on the Severn in the first quarter of 2017, as well.

The following table compares Arden on the Severn 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)
Briarwood330%$350,000$355,000-1.4%
Greenwood Acres12-50%$350,000$374,750-6.6%
Edgewater3849-22.4%$347,500$315,00010.3%
Rose Haven12-50%$340,000$202,50067.9%
Arnold5897-40.2%$331,000$300,00010.3%
Arden on the Severn550%$330,000$300,00010%
Riverwood110%$322,000$283,50013.6%
Herald Harbor1113-15.4%$315,000$315,0000%
Maryland City4549-8.2%$315,000$280,00012.5%
Severn102124-17.7%$311,500$297,2704.8%
Deale1827-33.3%$310,000$290,0006.9%

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