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Maryland State Wire

Tuesday, April 22, 2025

Greenwood Acres home prices fall in the first half of 2017

Realestate4

The median sale price of a home sold in the first half of 2017 in Greenwood Acres fell by $29,000 while total sales decreased by 45.5%, according to BlockShopper.com.

From January through June of 2017, there were six homes sold, with a median sale price of $313,000 - a 8.5% decrease over the $342,000 median sale price for the same period of the previous year. There were 11 homes sold in Greenwood Acres in the first half of 2016.

The following table compares Greenwood Acres to other Anne Arundel County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Herald Harbor341888.9%$340,000$312,4508.8%
Annapolis3473266.4%$330,000$328,5500.4%
Patuxent Manor37-57.1%$330,000$352,000-6.3%
Edgewater1221183.4%$326,000$316,9502.9%
Arnold2422343.4%$315,000$335,750-6.2%
Greenwood Acres611-45.5%$313,000$342,000-8.5%
Severn296337-12.2%$310,000$283,2009.5%
Crofton256264-3%$308,200$309,950-0.6%
Arden on the Severn1422-36.4%$300,000$338,500-11.4%
Odenton3903627.7%$295,000$270,0009.3%
Rose Haven63100%$293,200$315,000-6.9%

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