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Friday, November 8, 2024

Annapolis 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 Annapolis rose by $76,830 while total sales decreased by 19%, according to BlockShopper.com.

From January through March of 2018, there were 111 homes sold, with a median sale price of $385,830 - a 24.9% increase over the $309,000 median sale price for the same period of the previous year. There were 137 homes sold in Annapolis in the first quarter of 2017.

The following table compares Annapolis 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)
Annapolis Neck3961-36.1%$455,000$494,999-8.1%
Tanager Forest30-$440,000$0-
Rock Creek Park13-66.7%$425,000$284,90049.2%
Belhaven Beach14-75%$394,000$352,00011.9%
Patuxent Manor12-50%$390,000$292,50033.3%
Annapolis111137-19%$385,830$309,00024.9%
Riva1019-47.4%$381,100$439,000-13.2%
Parole6272-13.9%$377,750$376,5000.3%
Woods Landing21100%$375,000$365,0002.7%
Green Gables110%$365,000$549,900-33.6%
Riviera Isle21100%$363,500$337,0007.9%

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