Real Estate
[HIDDEN GEMS] Highest Appreciated Annapolis Neighborhoods
Why location matters. Check out the Annapolis neighborhoods with the highest annual appreciation! Is your neighborhood on the list?
With low inventory of homes in the DC Metro Area and high demand, home prices continue to rise and in some neighborhoods the home prices are exploding! Check out these hottest Annapolis neighborhoods with the biggest year over year median sold price increase over the past year. If you are thinking about selling your home and live in one of these neighborhoods, there are a ton of buyers ready to purchase! When you sell your home with substantial appreciation, you may qualify to exclude up to $250,000 of that capital gain from your taxes. This total increases to $500,000 if you file a joint return with your spouse!
In the past two years, 3145 properties have sold in Annapolis ranging from a 2-bed, 1-bath townhome for $121,500 to a 8-bed, 6.5-bath detached for $5,115,000. Click here to sign up for my free monthly real estate market update to stay current on the latest real estate market trends in your neighborhood.
Hottest Annapolis Neighborhoods by Appreciation
In the past two years, a total of 3145 homes sold in Annapolis with a median sold price of $430,000 and median days on market of 26.5. These were the hottest Annapolis neighborhoods, where the 2019 median home sale price increased over the 2018 median home sale price.
| Neighborhood: | Wardour |
| Type: | Detached |
| 2019 Sold Price: | $2,200,000 |
| 2018 Sold Price: | $782,500 |
| % Increase: | 181% |
| Neighborhood: | Amberley |
| Type: | Detached |
| 2019 Sold Price: | $1,175,000 |
| 2018 Sold Price: | $695,000 |
| % Increase: | 69% |
| Neighborhood: | Eastport |
| Type: | Townhome |
| 2019 Sold Price: | $691,000 |
| 2018 Sold Price: | $469,500 |
| % Increase: | 47% |
| Neighborhood: | Saint Margarets |
| Type: | Detached |
| 2019 Sold Price: | $635,000 |
| 2018 Sold Price: | $450,000 |
| % Increase: | 41% |
| Neighborhood: | Winchester on the Severn |
| Type: | Detached |
| 2019 Sold Price: | $780,000 |
| 2018 Sold Price: | $589,500 |
| % Increase: | 32% |
| Neighborhood: | Arundel on the Bay |
| Type: | Detached |
| 2019 Sold Price: | $592,750 |
| 2018 Sold Price: | $450,000 |
| % Increase: | 32% |
| Neighborhood: | Annapolis Walk |
| Type: | Townhome |
| 2019 Sold Price: | $280,000 |
| 2018 Sold Price: | $212,500 |
| % Increase: | 32% |
| Neighborhood: | Bay Ridge |
| Type: | Detached |
| 2019 Sold Price: | $1,200,000 |
| 2018 Sold Price: | $937,777 |
| % Increase: | 28% |
| Neighborhood: | Rolling Knolls |
| Type: | Detached |
| 2019 Sold Price: | $483,450 |
| 2018 Sold Price: | $392,500 |
| % Increase: | 23% |
| Neighborhood: | Historic Annapolis |
| Type: | Detached |
| 2019 Sold Price: | $970,000 |
| 2018 Sold Price: | $825,000 |
| % Increase: | 18% |
| Neighborhood: | Admirals Square |
| Type: | Townhome |
| 2019 Sold Price: | $473,000 |
| 2018 Sold Price: | $399,995 |
| % Increase: | 18% |
| Neighborhood: | Presidents Hill |
| Type: | Detached |
| 2019 Sold Price: | $644,750 |
| 2018 Sold Price: | $550,000 |
| % Increase: | 17% |
| Neighborhood: | North River Forest |
| Type: | Detached |
| 2019 Sold Price: | $497,500 |
| 2018 Sold Price: | $429,900 |
| % Increase: | 16% |
| Neighborhood: | Sherwood Forest |
| Type: | Detached |
| 2019 Sold Price: | $972,500 |
| 2018 Sold Price: | $852,500 |
| % Increase: | 14% |
| Neighborhood: | Oyster Harbor |
| Type: | Detached |
| 2019 Sold Price: | $460,500 |
| 2018 Sold Price: | $406,000 |
| % Increase: | 13% |
| Neighborhood: | Whispering Woods |
| Type: | Detached |
| 2019 Sold Price: | $367,400 |
| 2018 Sold Price: | $325,000 |
| % Increase: | 13% |
| Neighborhood: | Village Greens of Annapolis |
| Type: | Townhome |
| 2019 Sold Price: | $444,900 |
| 2018 Sold Price: | $398,000 |
| % Increase: | 12% |
| Neighborhood: | Walnut Ridge |
| Type: | Townhome |
| 2019 Sold Price: | $287,500 |
| 2018 Sold Price: | $260,000 |
| % Increase: | 11% |
| Neighborhood: | Annapolis Cove |
| Type: | Detached |
| 2019 Sold Price: | $635,000 |
| 2018 Sold Price: | $578,500 |
| % Increase: | 10% |
| Neighborhood: | College Parkway Place |
| Type: | Townhome |
| 2019 Sold Price: | $375,000 |
| 2018 Sold Price: | $339,900 |
| % Increase: | 10% |
| Neighborhood: | Fairwinds Condo |
| Type: | Condo |
| 2019 Sold Price: | $180,000 |
| 2018 Sold Price: | $164,000 |
| % Increase: | 10% |
| Neighborhood: | Saltworks on the Severn |
| Type: | Detached |
| 2019 Sold Price: | $595,000 |
| 2018 Sold Price: | $552,500 |
| % Increase: | 8% |
| Neighborhood: | Hilltop Village Condo |
| Type: | Townhome |
| 2019 Sold Price: | $153,000 |
| 2018 Sold Price: | $142,200 |
| % Increase: | 8% |
| Neighborhood: | Greenwood Acres |
| Type: | Detached |
| 2019 Sold Price: | $415,000 |
| 2018 Sold Price: | $388,000 |
| % Increase: | 7% |
| Neighborhood: | Admiral Heights |
| Type: | Townhome |
| 2019 Sold Price: | $315,000 |
| 2018 Sold Price: | $295,000 |
| % Increase: | 7% |
Annual Appreciation for the DC Metro Area Cities
The DC Metro area remains one of the hottest real estate markets in the country with low inventory, low days on market and rising sales prices. The table below compares the median sales price for the for first 11 months of sales for 2018 against 2019 to show the appreciation for some of the most popular DC Metro neighborhoods. The Northern Virginia cities of Arlington and Falls Church both experienced tremendous year over year increases in the median sales price. In this hot real estate market, this presents an incredible opportunity to sell your home quickly for top dollar!
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| City | 2019 Sold Price (MED) | 2018 Sold Price (MED) | % Change |
| Alexandria | $500,000 | $487,500 | 3% |
| Annandale | $555,500 | $534,900 | 4% |
| Annapolis | $431,750 | $425,000 | 2% |
| Arlington | $606,000 | $555,000 | 9% |
| Bethesda | $875,000 | $865,000 | 1% |
| Bowie | $350,000 | $339,900 | 3% |
| Centreville | $415,000 | $392,000 | 6% |
| Chantilly | $510,000 | $507,450 | 1% |
| Columbia | $337,000 | $335,000 | 1% |
| Fairfax | $540,000 | $534,667 | 1% |
| Falls Church | $578,005 | $535,000 | 8% |
| Gaithersburg | $420,000 | $415,000 | 1% |
| Herndon | $530,000 | $511,250 | 4% |
| McLean | $940,000 | $905,000 | 4% |
| Reston | $440,000 | $425,000 | 4% |
| Rockville | $460,000 | $470,000 | -2% |
| Silver Spring | $415,000 | $400,000 | 4% |
| Springfield | $510,000 | $475,000 | 7% |
| Vienna | $784,250 | $778,500 | 1% |
| Washington | $580,000 | $570,000 | 2% |
About Peggy Yee
Peggy Yee is a supervising broker at Frankly Realtors and is a local Top Producer. She has sold over $180 million in sales and was one of Northern Virginia Magazine's Top Realtors since 2015. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com. Peggy is 100% committed to making your move the best experience possible! Don't just take our word...Click here to see what Peggy's past clients have to say about the experience working with her from Buyer and Seller Video Testimonials and you'll understand why she is one of the top real estate agents in Annapolis with dozens of 5 Star Zillow reviews. Click here for Zillow Reviews.
* Data Source: BrightMLS and SmartCharts. Information deemed reliable but not guaranteed.
