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Maryland State Wire

Friday, November 8, 2024

Jessup 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 Jessup rose by $32,000 while total sales decreased by 57.1%, according to BlockShopper.com.

From January through March of 2018, there were three homes sold, with a median sale price of $359,900 - a 9.8% increase over the $327,900 median sale price for the same period of the previous year. There were seven homes sold in Jessup in the first quarter of 2017.

The following table compares Jessup 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)
Woods Landing21100%$375,000$365,0002.7%
Green Gables110%$365,000$549,900-33.6%
Riviera Isle21100%$363,500$337,0007.9%
Cape St. Claire2728-3.6%$362,000$326,00011%
Mayo272128.6%$360,000$394,000-8.6%
Jessup37-57.1%$359,900$327,9009.8%
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%

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