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Maryland State Wire

Friday, November 22, 2024

Arnold home prices rise 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 Arnold rose by $31,000 while total sales decreased by 40.2%, according to BlockShopper.com.

From January through March of 2018, there were 58 homes sold, with a median sale price of $331,000 - a 10.3% increase over the $300,000 median sale price for the same period of the previous year. There were 97 homes sold in Arnold in the first quarter of 2017.

The following table compares Arnold 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)
North River Forest23-33.3%$359,000$278,00029.1%
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%

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