From January through March of 2021, there were nine homes sold, with a median sale price of $435,000 - a 17.9% increase over the $369,000 median sale price for the same period of the previous year. There were nine homes sold in Arden on the Severn in the first quarter of 2020, as well.
The following table compares Arden on the Severn to other Anne Arundel County cities with similar median sale prices in the first quarter of 2021:
City | Jan. - Mar. 2021 Home Sales | Jan. - Mar. 2020 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2021 Median Sales Price | Jan. - Mar. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Herald Harbor | 12 | 15 | -20% | $495,000 | $350,000 | 41.4% |
Gambrills | 6 | 10 | -40% | $461,250 | $505,000 | -8.7% |
Galesville | 3 | 1 | 200% | $460,000 | $333,000 | 38.1% |
Green Gables | 1 | 1 | 0% | $456,000 | $290,000 | 57.2% |
Parole | 79 | 81 | -2.5% | $437,700 | $425,000 | 3% |
Arden on the Severn | 9 | 9 | 0% | $435,000 | $369,000 | 17.9% |
Cape St. Claire | 36 | 39 | -7.7% | $429,950 | $360,000 | 19.4% |
Annapolis | 148 | 120 | 23.3% | $421,950 | $362,000 | 16.6% |
Woods Landing | 1 | 3 | -66.7% | $420,000 | $380,000 | 10.5% |
Dulls Corner | 2 | 0 | - | $414,950 | $0 | - |
Mayo | 33 | 31 | 6.5% | $410,000 | $410,000 | 0% |