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Maryland State Wire

Friday, November 22, 2024

Gambrills 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 Gambrills rose by $134,250 while total sales decreased by 16.7%, according to BlockShopper.com.

From January through March of 2018, there were five homes sold, with a median sale price of $456,750 - a 41.6% increase over the $322,500 median sale price for the same period of the previous year. There were six homes sold in Gambrills in the first quarter of 2017.

The following table compares Gambrills 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)
Crownsville67-14.3%$745,000$725,0002.8%
Galesville21100%$697,500$360,00093.8%
Rock Anna220%$480,000$252,50090.1%
Severna Park7799-22.2%$470,000$448,9504.7%
Whispering Woods12-50%$465,000$289,544.5060.6%
Gambrills56-16.7%$456,750$322,50041.6%
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%

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