From January through March of 2017, there were 49 homes sold, with a median sale price of $315,000 - a 1% increase over the $312,000 median sale price for the same period of the previous year. There were 45 homes sold in Edgewater in the first quarter of 2016.
The following table compares Edgewater to other Anne Arundel County cities with similar median sales prices in the first quarter of 2017:
City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Riviera Isle | 1 | 2 | -50% | $337,000 | $393,500 | -14.4% |
Jessup | 7 | 6 | 16.7% | $327,900 | $228,500 | 43.5% |
Cape St. Claire | 28 | 34 | -17.6% | $326,000 | $298,909.50 | 9.1% |
Gambrills | 6 | 7 | -14.3% | $322,500 | $366,000 | -11.9% |
Herald Harbor | 13 | 9 | 44.4% | $315,000 | $285,000 | 10.5% |
Edgewater | 49 | 45 | 8.9% | $315,000 | $312,000 | 1% |
Annapolis | 137 | 127 | 7.9% | $309,000 | $304,500 | 1.5% |
Arnold | 97 | 80 | 21.3% | $300,000 | $295,750 | 1.4% |
Arden on the Severn | 5 | 10 | -50% | $300,000 | $235,000 | 27.7% |
Severn | 124 | 135 | -8.1% | $297,270 | $257,500 | 15.4% |
Patuxent Manor | 2 | 5 | -60% | $292,500 | $355,000 | -17.6% |