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Maryland State Wire

Tuesday, April 22, 2025

Severna Park home prices rise in the first half of 2017

Realestate5

The median sale price of a home sold in the first half of 2017 in Severna Park rose by $30,550 while total sales decreased by 7.1%, according to BlockShopper.com.

From January through June of 2017, there were 273 homes sold, with a median sale price of $481,000 - a 6.8% increase over the $450,450 median sale price for the same period of the previous year. There were 294 homes sold in Severna Park in the first half of 2016.

The following table compares Severna Park 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)
Briarwood62200%$522,500$323,75061.4%
Dulls Corner61500%$518,750$600,000-13.5%
Amberly51400%$499,000$465,0007.3%
Tanager Forest21100%$495,000$373,00032.7%
Annapolis Neck13011117.1%$493,125.50$410,00020.3%
Severna Park273294-7.1%$481,000$450,4506.8%
Mayo7580-6.3%$440,000$389,918.5012.8%
Riva472962.1%$415,000$420,000-1.2%
Gambrills1617-5.9%$397,500$366,0008.6%
Galesville26-66.7%$390,000$621,500-37.2%
Parole168176-4.5%$375,000$339,95010.3%

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