The median sale price of a home sold in April in Edgewater fell by $217,500 while total sales increased by 16.7 percent, according to BlockShopper.com.
In April, there were seven homes sold, with a median sale price of $507,500 - a 30 percent decrease from the $725,000 median sale price for the same period of the previous year. There were six homes sold in Edgewater in April 2021.
The following table compares Edgewater to other Anne Arundel County cities with similar median sale prices in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Severna Park | 26 | 16 | 62.5 | $710,000 | $551,245 | 28.8 |
| Herald Harbor | 4 | 2 | 100 | $688,750 | $362,500 | 90 |
| Mayo | 11 | 6 | 83.3 | $600,000 | $645,000 | -7 |
| Riva | 3 | 4 | -25 | $580,000 | $662,500 | -12.5 |
| North River Forest | 2 | 1 | 100 | $510,000 | $310,000 | 64.5 |
| Edgewater | 7 | 6 | 16.7 | $507,500 | $725,000 | -30 |
| Annapolis | 31 | 29 | 6.9 | $500,000 | $431,650 | 15.8 |
| Woods Landing | 1 | 1 | 0 | $464,000 | $374,000 | 24.1 |
| Venice on the Bay | 1 | 0 | - | $460,000 | $0 | - |
| Whispering Woods | 1 | 0 | - | $455,000 | $0 | - |
| Lake Shore | 17 | 17 | 0 | $450,000 | $415,000 | 8.4 |
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