From July through September of 2017, there were six homes sold, with a median sale price of $283,500 - a 16.5% decrease over the $339,500 median sale price for the same period of the previous year. There were nine homes sold in Arden on the Severn in the third quarter of 2016.
The following table compares Arden on the Severn to other Anne Arundel County cities with similar median sales prices in the third quarter of 2017:
City | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
North River Forest | 7 | 3 | 133.3% | $300,000 | $256,400 | 17% |
Odenton | 185 | 201 | -8% | $299,900 | $295,000 | 1.7% |
Shady Side | 52 | 37 | 40.5% | $297,750 | $300,000 | -0.8% |
Maryland City | 72 | 76 | -5.3% | $292,250 | $300,000 | -2.6% |
Patuxent Manor | 2 | 2 | 0% | $285,450 | $365,000 | -21.8% |
Arden on the Severn | 6 | 9 | -33.3% | $283,500 | $339,500 | -16.5% |
Deale | 22 | 23 | -4.3% | $282,500 | $299,900 | -5.8% |
Rock Creek Park | 3 | 2 | 50% | $270,000 | $265,000 | 1.9% |
Linthicum | 42 | 53 | -20.8% | $270,000 | $260,000 | 3.8% |
Rose Haven | 2 | 0 | - | $270,000 | $0 | - |
Pasadena | 142 | 137 | 3.6% | $266,000 | $255,000 | 4.3% |