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Maryland State Wire

Friday, April 26, 2024

Patuxent Manor home prices fall in 2017

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The median sale price of a home sold in 2017 in Patuxent Manor fell by $22,000 while total sales decreased by 44.4%, according to BlockShopper.com.

From January through December of 2017, there were five homes sold, with a median sale price of $330,000 - a 6.3% decrease over the $352,000 median sale price for the previous year. There were nine homes sold in Patuxent Manor in 2016.

The following table compares Patuxent Manor to other Anne Arundel County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Annapolis6916575.2%$348,000$335,0003.9%
Friendship73133.3%$345,000$400,000-13.8%
Belhaven Beach125140%$342,500$265,00029.2%
Herald Harbor564233.3%$337,000$316,2006.6%
Riverwood48-50%$331,750$356,500-6.9%
Patuxent Manor59-44.4%$330,000$352,000-6.3%
Arnold46242010%$329,500$340,000-3.1%
Bayside Beach11110%$329,000$339,000-2.9%
Edgewater242266-9%$325,000$319,4501.7%
Greenwood Acres821-61.9%$322,000$325,000-0.9%
Severn597673-11.3%$312,500$300,0004.2%

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