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Maryland State Wire

Tuesday, April 22, 2025

Edgewater home prices rise in the first quarter of 2017

Realestate2

The median sale price of a home sold in the first quarter of 2017 in Edgewater rose by $3,000 while total sales increased by 8.9%, according to BlockShopper.com.

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:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Riviera Isle12-50%$337,000$393,500-14.4%
Jessup7616.7%$327,900$228,50043.5%
Cape St. Claire2834-17.6%$326,000$298,909.509.1%
Gambrills67-14.3%$322,500$366,000-11.9%
Herald Harbor13944.4%$315,000$285,00010.5%
Edgewater49458.9%$315,000$312,0001%
Annapolis1371277.9%$309,000$304,5001.5%
Arnold978021.3%$300,000$295,7501.4%
Arden on the Severn510-50%$300,000$235,00027.7%
Severn124135-8.1%$297,270$257,50015.4%
Patuxent Manor25-60%$292,500$355,000-17.6%

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