From January through June of 2017, there were five homes sold, with a median sale price of $158,000 - a 26.3% decrease over the $214,250 median sale price for the same period of the previous year. There were four homes sold in Venice on the Bay in the first half of 2016.
The following table compares Venice on the Bay to other Anne Arundel County cities with similar median sales prices in the first half of 2017:
City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Jessup | 11 | 10 | 10% | $265,000 | $249,600 | 6.2% |
Pasadena | 262 | 255 | 2.7% | $255,500 | $247,900 | 3.1% |
Rock Anna | 3 | 5 | -40% | $255,000 | $479,900 | -46.9% |
Shady Side | 74 | 76 | -2.6% | $250,450 | $222,500 | 12.6% |
Paradise Beach | 3 | 6 | -50% | $250,000 | $307,500 | -18.7% |
Revell Downs | 8 | 13 | -38.5% | $239,000 | $215,000 | 11.2% |
Riviera Beach | 166 | 139 | 19.4% | $230,000 | $207,000 | 11.1% |
Ferndale | 128 | 113 | 13.3% | $225,000 | $219,500 | 2.5% |
Glen Burnie | 591 | 531 | 11.3% | $204,000 | $195,895 | 4.1% |
Venice on the Bay | 5 | 4 | 25% | $158,000 | $214,250 | -26.3% |
Brooklyn Park | 176 | 152 | 15.8% | $132,750 | $133,229.50 | -0.4% |