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Maryland State Wire

Monday, May 6, 2024

How did home prices perform in Severna Park during January 2022?

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The median sale price of a home sold in January 2022 in Severna Park rose by $30,000 while total sales decreased by 76.7%, according to BlockShopper.com.

In January 2022, there were 10 homes sold, with a median sale price of $655,000 - a 4.8% increase over the $625,000 median sale price for the same period of the previous year. There were 43 homes sold in Severna Park in January 2021.

The following table compares Severna Park 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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