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June 3, 2021

Growth Along the Chesapeake Bay

Gary Garvey

Anne Arundel County, MD

Anne Arundel County, Maryland runs along the western shore of the Chesapeake Bay, spanning the coast from Riviera Beach to Holland Point. The county encompasses Maryland’s state capital Annapolis, which serves as its county seat. County lines border Baltimore to the north and the greater Washington D.C. area to the west. This time of year in Anne Arundel County, residents enjoy the many waterways surrounding the area – spending time at the beaches, Quiet Waters Park, and B&A Trail. With accessibility to major cities but the charm of the New England suburbs, Anne Arundel County has become a sought-after region for both residential and commercial real estate.

In Anne Arundel County, growth is constant. The residential and commercial real estate markets are consistently changing and growing. The biggest attraction to purchasers in Anne Arundel is the availability of jobs in the surrounding areas. With access to Washington D.C., Northern Virginia, and Baltimore, homeowners have the opportunity to live in the suburbs and commute to the populated city areas for work. Even the less populated Baltimore metro areas have a surplus of work in various industries, including commercial, medical, and government fields. Anne Arundel County is constantly driving commercial and residential growth to accommodate the growing population.

The median price of a single-family home in Anne Arundel County is $390,000, up 9.9% from last year. There are currently 730 homes for sale on the market, up 21.1% from last year. The average days a home stays on the market in the area is 26 days.

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About Gary Garvey

Gary Garvey has been a licensed appraiser since 2007. Over the past 14 years, Gary has had the opportunity to work with some of the nation’s largest lenders and loan servicing institutions. His professionalism and trustworthiness make him a valued asset to Solidifi.

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  • Why Solidifi?
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    • Appraiser Network
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