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Maryland State Wire

Thursday, November 7, 2024

Edgewater median home prices rose by 48.3% in January 2022

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The median sale price of a home sold in January 2022 in Edgewater rose by $186,500 while total sales decreased by 90%, according to BlockShopper.com.

In January 2022, there were two homes sold, with a median sale price of $573,000 - a 48.3% increase over the $386,500 median sale price for the same period of the previous year. There were 20 homes sold in Edgewater in January 2021.

The following table compares Edgewater 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)
Mayo210-80%$1,117,450$497,500124.6%
Annapolis Neck222-90.9%$956,500$620,00054.3%
Carriage Hills10-$752,500$0-
Severna Park1043-76.7%$655,000$625,0004.8%
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%

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