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Maryland State Wire

Thursday, November 7, 2024

How did home prices perform in Ferndale during January 2022?

Realestate1

The median sale price of a home sold in January 2022 in Ferndale rose by $141,050 while total sales decreased by 87.5%, according to BlockShopper.com.

In January 2022, there were three homes sold, with a median sale price of $421,000 - a 50.4% increase over the $279,950 median sale price for the same period of the previous year. There were 24 homes sold in Ferndale in January 2021.

The following table compares Ferndale to other Anne Arundel County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Gambrills21100%$646,050$515,00025.4%
Edgewater220-90%$573,000$386,50048.3%
Cape St. Claire214-85.7%$486,250$389,95024.7%
Jessup10-$435,000$0-
Arnold725-72%$425,000$361,00017.7%
Ferndale324-87.5%$421,000$279,95050.4%
Annapolis758-87.9%$420,000$434,750-3.4%
Pasadena845-82.2%$416,000$325,00028%
Parole631-80.6%$412,500$435,000-5.2%
Revell Downs3250%$405,000$237,50070.5%
Shady Side412-66.7%$405,000$367,50010.2%

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