From April through June of 2017, there were nine homes sold, with a median sale price of $300,000 - a 22.8% decrease over the $388,500 median sale price for the same period of the previous year. There were 12 homes sold in Arden on the Severn in the second quarter of 2016.
The following table compares Arden on the Severn to other Anne Arundel County cities with similar median sales prices in the second quarter of 2017:
City | Apr. - June 2017 Home Sales | Apr. - June 2016 Home Sales | % change (Total Home Sales) | Apr. - June 2017 Median Sales Price | Apr. - June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Edgewater | 73 | 73 | 0% | $334,900 | $327,450 | 2.3% |
Arnold | 145 | 154 | -5.8% | $332,000 | $350,000 | -5.1% |
Greenwood Acres | 4 | 6 | -33.3% | $313,000 | $390,000 | -19.7% |
Severn | 172 | 202 | -14.9% | $312,500 | $300,000 | 4.2% |
Odenton | 228 | 229 | -0.4% | $305,000 | $272,000 | 12.1% |
Arden on the Severn | 9 | 12 | -25% | $300,000 | $388,500 | -22.8% |
Maryland City | 66 | 59 | 11.9% | $279,200 | $265,000 | 5.4% |
Rock Creek Park | 1 | 1 | 0% | $275,000 | $280,000 | -1.8% |
Linthicum | 49 | 45 | 8.9% | $275,000 | $230,000 | 19.6% |
Deale | 29 | 39 | -25.6% | $275,000 | $292,000 | -5.8% |
North River Forest | 5 | 6 | -16.7% | $270,000 | $267,950 | 0.8% |