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Maryland State Wire

Wednesday, April 23, 2025

Gambrills home prices fall in the third quarter of 2017

Realestate077

The median sale price of a home sold in the third quarter of 2017 in Gambrills fell by $55,000 while total sales decreased by 28.6%, according to BlockShopper.com.

From July through September of 2017, there were 10 homes sold, with a median sale price of $430,000 - a 11.3% decrease over the $485,000 median sale price for the same period of the previous year. There were 14 homes sold in Gambrills in the third quarter of 2016.

The following table compares Gambrills to other Anne Arundel County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Annapolis Neck716312.7%$510,000$465,0009.7%
Briarwood42100%$480,000$537,500-10.7%
Belhaven Beach440%$447,500$198,270.50125.7%
Whispering Woods440%$434,000$282,45053.7%
Tanager Forest110%$433,000$391,75010.5%
Gambrills1014-28.6%$430,000$485,000-11.3%
Parole99972.1%$407,000$370,00010%
Woods Landing73133.3%$380,000$338,99912.1%
Mayo4250-16%$370,000$412,500-10.3%
Annapolis20013449.3%$360,000$336,5007%
Cape St. Claire52488.3%$354,250$356,200-0.5%

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