From July through September of 2017, there were 153 homes sold, with a median sale price of $315,000 - a 1.9% decrease over the $321,000 median sale price for the same period of the previous year. There were 170 homes sold in Severn in the third quarter of 2016.
The following table compares 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) |
|---|---|---|---|---|---|---|
| Bayside Beach | 5 | 4 | 25% | $329,000 | $321,750 | 2.3% |
| Herald Harbor | 12 | 14 | -14.3% | $325,200 | $323,000 | 0.7% |
| Edgewater | 57 | 70 | -18.6% | $325,000 | $329,450 | -1.4% |
| Riviera Isle | 1 | 1 | 0% | $323,400 | $180,090 | 79.6% |
| Lake Shore | 91 | 100 | -9% | $320,000 | $314,950 | 1.6% |
| Severn | 153 | 170 | -10% | $315,000 | $321,000 | -1.9% |
| Greenwood Acres | 1 | 6 | -83.3% | $305,000 | $324,950 | -6.1% |
| Crofton | 166 | 150 | 10.7% | $303,550 | $302,831.50 | 0.2% |
| 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% |
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